hi all!
good to see the usual suspects are still hanging around, no doubt eagerly awaiting the commencement of drilling.
i must say i was disappointed that the company elected to defer drilling until the completion of a high resolution aeromagnetic survey, but I also appreciate that the company needs to qualify its drill targets using all the available means at its disposal. this should derisk the drill programme significantly.
i also take comfort from the fact that -
a) we have 10km x 2km anomaly
b) excellent radon survey results (some of the best I have seen)
c) high grade assays from trench and pit samples over many linear kilometres, which according to the company in the last quarterly were some of the highest recorded in the world!
d) mile 72 area is as prospective for alaskite (hosts to uranium mineralisation) as Alaskite Alley which contains the Rossing and Husab projects (two of the biggest U deposits in the world)
e) the company is confident that the surface U mineralisation originated from a deeper granite hosted body on our tenement
so in summary mile 72 bears all the hall marks of a world class deposit. we just have to wait a few more weeks before we can demonstrate this through drilling!
good luck to all the long time posters on this thread. to say this stock has been a roller coaster ride would be understatement. BUT WHAT A RIDE!!
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6 | 1552937 | 0.016 |
3 | 1087466 | 0.015 |
2 | 300000 | 0.014 |
Price($) | Vol. | No. |
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