uranium drilling at hale river next week, page-4

  1. 7,626 Posts.
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    Conix

    I love reading your posts. Keep them coming.

    There are 190m shares all up, including the oppies, but I think Molyhil will value at $200m, after this drilling. My prediction is 4mt resource at better than 1% combined moly/tungsten. That's about $2.5b in ground value, with upside on the resource. So, I agree with you on Molyhil, and this is being mined according to their schedule in 1st quarter 2008. That may actually enhance the valuation beyond 8% of in ground value. Wil probably come down to the confidence levels vis a vis the resource extension.

    As for the uranium...no idea. Just looks very very very promising to me, and you sound like you know what you are talking about.

    This is an imminent success story...little qn about that. And, as a holder of BTV and TNG, it ain't doing my interests there any harm either.

    Considering a change of nickname to "Smiley-Face". Maybe when THR hits a $.
 
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