crazy cheap prices, page-18

The initial announcment given to the market on the 21st of december said:


High-grade equivalent uranium intersections (gamma only) intersected at Four Mile West prospect:
2.5 metres grading 0.34% eU3O8
1.5 metres grading 0.23% eU3O8
(eU3O8 refers to the equivalent U3O8 grade as estimated from gamma logging)

This was estimated using GAMMA logging. If the PFN tool is giving significantly higher readings then if anything this announcement can be nothing but positive as the grades may be much more than is already factored in.

so therefore I have no idea what the panic was all about.