Re: Energy Division Update
in response to
by
posted on
Jan 09, 2009 06:39AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Kodiak's claims in the Athabasca Basin are fairly close to, between and somewhat west of the past-producing Key Lake Mine (195 million pounds grading 2.5% U3O8), and the McArthur River Mine (349 million pounds grading 20.6% U3O8). Even at $55.00 per ton KXL would go to the moon on anything close. Only one hole has ever been drilled on the property and that hole was promising. Hathor seems to be doing just fine. China and France in particular seem to be moving ahead with nuclear power. Russia keeps shutting off gas to Europe. Ontario seems positive on nuclear. I agree the U.S. has yet to come on board but Obama needs to spend money somehow. Grandich seems positive on uranium. This claim in particular could blindside you to the upside. JMHO and do your own DD.