Posters seemingly in the know in the UK say this is a more powerful rig than the previous and a 9 day drill was possible and then add 3 to 4 days for logging and reports . Sounds ok compared to 15 days in total last time , TD would have been reached by now . The rumours started by saying the drill struck an early upper find on the weekend . The rumours say the logging is done and reported ( 6 hrs ago ).
The implications of a find here are huge for Tower and GBP , if oil is confirmed the companies can forge ahead together with more frontier drilling . By backing up this drill GBP have shown great faith and deserve the rewards that could possibly come by further fully funded exploration .
GBP Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held