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Gold/Mining/Energy : Golden Arch Resources---GAI.V -- Ignore unavailable to you. Want to Upgrade?


To: andre dallaire who wrote (354)8/11/2001 12:22:37 AM
From: Jim Bishop  Respond to of 359
 
Thanks for posting that...I heard earlier today that Monday was the day, was just about to check CDNX site...but checked the tread first.



To: andre dallaire who wrote (354)8/11/2001 10:14:42 PM
From: Oak Man.  Read Replies (1) | Respond to of 359
 
This is good news for GAi. The Barnett Shale play Which has been slowly developing in GAI's core area for some time +
is extremely significant in terms that the Barnett wells will produce for 40-50 years, and, the gas extraction technology just keeps getting better every day. (costs are going down and production is going up) The latest wells are drilled on 40 acre spacing and when a new field is developed it is simply treated like a "gas farm". Word is the play is only 5% developed at present.