posted on
Aug 19, 2016 06:15PM
I agree VP, that the "middle of the road" position- that is, starting with what you have after a second round- makes the most sense. Common sense suggest it needn't be all or nothing. Naturally, it would be best to have the full $2 million funding, as insurance against suboptimal initial drilling results- unlikely as that might be. On the other hand- sitting idle until exactly $2 million is reached, might leave us dead in the water for such a long time that that too might prove fatal. Thus, having enough to do some yet to be defined number of holes - a few- might be the way to go. This also assumes a decent amount of money is coming in- even if not $2 million. While I, like everyone else, would like the most robust campaign possible, I hope we are not being held hostage to a specific number that might not be easily achievable in a timely fashion.