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Message: Re: How Much is that Uranium Worth?
3
May 11, 2009 10:34AM

May 11, 2009 10:58AM

May 11, 2009 11:20AM

Re: How Much is that Uranium Worth?

posted on May 12, 2009 08:13AM

Agreed - let's settle down. It's a good news report, and mzsmith took the trouble to look at the numbers and correctly pegged it. As-is, it's not mineable. But these are the first chemical analysis numbers we've had, and per Portee, it's very promising.

The results were 0.13% uranium. The next-door Cameco mine is averaging 24.76%. Cameco's average ore is 190 times more concentrated.

However, we haven't found our ore body. We've just found our first legit uranium. Not bad! Promises to be exciting.

3
May 13, 2009 03:34AM

May 13, 2009 10:57AM
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May 13, 2009 02:14PM
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