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Gold/Mining/Energy : Canadian Rocket Red's Picks -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (2050)2/26/2001 3:46:29 PM
From: Rocket Red  Read Replies (1) | Respond to of 19697
 
Ong is Drilling in PEI and WEll should be completed by End of the week so I'm told.Was told they hit 75 Feet of gas already and drilling is continuing to TD where they expect to hit the mother load.Nobody knows for sure but at least they got 75 Feet of Gas Bearing Zone so far.Its Looking Great but only the End result will tell if that 1TCF they are looking for is there.
Value of 1TCF in Ground is worth around 2 Billion so the Share price could hit the roof if it is proved(1TCF)