Agreed niclou,just reread the 2011 annual report,incredibly GP was given a $30 K bonus,just way incredulous. This guy still has no runs on the board and they give him a bonus. I accept that the oil is heavy,interesting they havnt looked at steam. They should forget the frac and just radial drill,then frac and if they havnt sourced the right pump by then sack GP. The cynic in me thinks ther deliberately delaying operations,to conserve cash,until more cash comes their way,via the means I suggested the other day.
Raider
CIG Price at posting:
6.0¢ Sentiment: None Disclosure: Held