SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Kalahari Resources Makes Major Move Upwords -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (290)4/5/1999 9:36:00 PM
From: Paul Bilecki  Read Replies (1) | Respond to of 349
 
Red:

You may be right, but I have experience drilling. Typical drilling on land in relatively soft rock, you can drill up to 250 a day if everything goes right.

Setup takes one 12 hour shift.

So lets say the following for just a large intersection for the first hole:

Saturday: Day setup:
Night Shift 100 feet

Sunday: Day shift: 150 feet
Night: 100 feet

Monday: Boxed core reviewed and results reported.

Tuesday Morning: Press Release written
Tuesday Afternoon: Potential Halt for large intersection.

So even for a 350' intersection, it would have been tough getting a press release out today. I think you are being a bit unrealistic or just trying to get some cheap stock. Unless they were drilling last week or have the inside track.

I am going to sit tight until next week.



To: Rocket Red who wrote (290)4/5/1999 10:01:00 PM
From: Jimsy  Read Replies (1) | Respond to of 349
 
REd - Southernera's office was closed today, so no matter what they found, no news release today.