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Message: U Drilling starting...

however have you looked at their land position in the Athabasca basin.....

Yep Konor..Sure have..BUT and this is the big one...Very rich Uranium deposits occur in small pockets or long stingy ribbons like underground rivers,but very narrow and very thin..

Or low yield Uranium deposits occur in large pit type operations and are usually majority under 1% U3O8...

But that does not mean they are unprofitable..Years ago..and I mean years..when U3O8 was under $10.00/pound,Kennecott was mining U3O8 down in Wyoming and making money hand over fist on open pit deposit..

The grade..???

.07%...That is right.... .07%!!!

So all we have to do is find a big hockey sock full of high grade and get rich quick ..or find a bigger hockey sock full of lower grade stuff that we can open pit mine and we will get rich slower but rich no less..so Yes..I know a little of the U mining industry and investing..

Been invested in U308 since the boom in Sask.in the 70-'80's..

Made lots of money at it too and looking for more..

Good luck to all.Good to see Sinner Man back..

Portee

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