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Message: Re: Plenty of interest - takeover? not too sure
2
Aug 06, 2008 07:29AM

As for cash I believe this program cost 350,000. dollars. Very inexpensive for these times.

We still have 4.5 to 5 mil from what I am told.

It would seem that Mr. Palmer is a thrifty fellow. We should be pleased he is not burning dollars.

He waits until a drill will be in the area. When a drill is in the area he'll use it. This saves on long hauls etc or more expense.

Correct me if I'm wrong but thats my take on it...

Don

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