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Gold/Mining/Energy : Vulcan Minerals - C.VUL -- Ignore unavailable to you. Want to Upgrade?


To: pete meyer who wrote (294)9/3/1999 12:54:00 PM
From: Killick  Read Replies (1) | Respond to of 415
 
Hi

With only a few trades in past few days I think it is hard to read much if anything from trading activity. But I must admit IMHO there doesn't appear to be much in the way of encouraging news. I hope I am wrong.

cheers
Killick



To: pete meyer who wrote (294)9/3/1999 3:43:00 PM
From: Len Hynes  Respond to of 415
 
Hi Pete;
I wouldn't jump the gun, so to speak, just yet.I've done some checking around these past two days....drilling is continuing...should be about two-thirds down by now.

I would wait about 10-18 days before total depth is reached and the hole is logged and tested.Remember, at about this depth, Vulcan penetrated oil-soaked conglomerate before...with this well proximal to the previous test hole they should be into a very interesting and prospective area for hydrocarbons.

Hang in there just a little longer.

Len