re: drill measure mine
Had a mate phone me yesterday who also owns AEX. He had one of Lionores senior geologist look at the drill results that give the JORC resource. This geologist has worked in SA and advised that the gold is uneconomical to mine. He can't comment on the uranium though. I guess AEX was always a uranium play with gold credits from the uranium mining. I suppose those of us that were under the impression that AEX had two strings to its bow were/are wrong. If the uraniums a fizzer, there is no hope of mining the gold economically at todays prices. I seem to recall that someone wrote in a thread that DD was not mined previously in the 70's when uranium was $40oz. Is that true?
AEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held