Re: call with mac watson ceo of freewest.
posted on
Jul 06, 2008 02:42PM
I guess I am a bit confused by Mac's comments as I was told by Donald Hoy at the FWR booth that FWR has about $9M in the bank and would only spent about $1M because they would not drill the JVs. They were going to concentrate only on their 100% owned land at JB and Clarence Stream. He also was emphatic that the camp was near completion and they would start drilling on the 5 or 6th of July. Someone else got clarification on this recently and the FWR office said last week they were presently waiting for the drill to arrive and would be able to start drilling immediately- again I am assuming this will be their 100% owned property. I will try to find out more tommorrow. Regards, Shaquille