UPDATE :(
"The Company has had to abandon part of the BR 09 - 01 mother hole at this time due to a mechanical failure with one of the steel wedges that had been established in the hole to aid in maintaining an easterly direction under the Bruce Channel to depth.
A wedge at 1020 metres came loose from its cement base and the driller could no longer re-enter the same hole past 1020 metre depth.
The company is now establishing 2 new wedges at approx. 1015 metre depth to deflect the azimuth of the hole to approx. 100 degrees and to continue the BR 09-01 to its anticipated depth of 2700 metres."
Interesting to see how this will effect price. DH better pull a rabbit out of his hat just too keep people interested IMHO.
Anyother hic up could bring this down too 10 cents IMHO.
Hole #3 boys, get another rig!!!!!!!!!!!!!!!!!!
TH