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Gold/Mining/Energy : Epic EAS.v (formerly Epic ERB.v and Safari SIR.v) -- Ignore unavailable to you. Want to Upgrade?


To: CLK who wrote (1514)2/12/1998 4:15:00 PM
From: virginijus poshkus  Respond to of 3335
 
CLK< one thing you missed, i am sorry to say. (big laugh) if these guys were stringing anyone along, they would have moved the stock up a hell of a lot more than they did. it seems to me we have a legitimate chance of finding what we set out to. one other thing to keep in mind, we still have a bunch of bucks in the bank.



To: CLK who wrote (1514)2/12/1998 4:17:00 PM
From: Praxis  Read Replies (1) | Respond to of 3335
 
This is not true, this is not a one shot deal according to the ERB people. Also just because they haven't plugged the hole doesn't mean anything, it could mean that they will drill deeper next time or a whole slew of other things.
I think people here are extrapolating way too much things they know nothing of, only the insiders know why things were done that way and we will have to wait just like anybody else before we know if its a success, failure, next plans, why things were done etc.
All this guesswork is simply that and the truth is still unknown like all other variables.



To: CLK who wrote (1514)2/12/1998 7:10:00 PM
From: JR.  Read Replies (1) | Respond to of 3335
 
Their news release also mentioned well logs on the way to laboratory along with the core samples.This would indicate that they should be able to tell what's what at the various levels .It would seem that they would have kept drilling until they hit and passed through the layer of coal.Is there a more conclusive way to prove the thickness of the various formations? My understanding of how big a cbm field has a lot to do with thickness of the formation as the prime consideration.Logically there has to be at least a minimum thickness to be able to produce at a minimum economic rate.Do you or anyone know how thick that might be?

Cheers,

JR.