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10/06/06
23:27
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re: so cheap at these prices
"The U grade from DD (inferred) through historical data, is the lowest of any farm in SA"
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Wild statement with no backing.
The below info is in regard to the Witwatersrand mineralisation which AEX is thought to have.
“ In addition, from the 1950s to 70s about 1.5 million tonnes of U3O8 have been produced at a grade of 270 g/t U3O8.”
http://66.102.7.104/search?q=cache:-zp3554Ts7AJ:www.min.tu-clausthal.de/www/lager/Exc2005/text.html+low+grade++open+cut+gold+Witwatersrand&hl=en&ct=clnk&cd=5
So we are talking here of 270 grams U being the grade PRODUCED in the above stated period.
DD has 350 grams atm... on the rise.
This clearly refutes all of your arguments.
Instead of unfounded statements like your last post, how about a reply to the facts presented above ?
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