denny dalton market update, page-50

re: so cheap at these prices im amazed....
"Just looking at EXT.

I reckon their best "asset" is they are situated between LH and Rossing.

No JORC resource....whats the attraction ?"

OK.....being from aex and ext stable, ill answer that with 10 quick ones
1. Management.
2. Posted by zackman, who has alot of experience in the mining industry, and is probable the most respect poster amoungst the ext crew....
"An appropriate tool will be secured to validate laboratory assaying by “down-hole radiometric logging of completed drill holes’. This will provide further U measured data (imo for further analysis and future ore modelling purposes). This is a very positive statement/step, one would not normally do this at this early drilling juncture unless you are very confident. "
3. management
4. Recent spectrometer assays adjacent to the mineralized horizon have a peak value of 665 ppm equivalent uranium (eU), with higher values relating to zones of smokey quartz and biotite development. Secondary uranium oxide minerals (gummite) have also been observed. PDN's 220ppm
5. small gold production being ramped and further gold accusitions
6. Awaiting 2 new licenses which will be 100% owned
7. management
8. Kalahari link/serious overseas interest
9. Possible takeover target
10. Its cheap right now