Uranium bull was a sceptic right from the beginning back in October, looks to have played out as he predicted, unfortunately. I very much hedged my bets on GDN based on what he said at the time on SS. He is a top poster, why does he not post here any more?
this is what he posted on SS, I hope he doesn't mind me transcribing it here:
" In reply to: trade4profit on Friday 27/10/06 02:23pm
Do your own research.
Only 7.65 TCF has been produced since 1891 in Utah
None of the top 500 Wells in Utah are within 50km of Golden Eagle.
There have been 13,500 Wells drilled in Utah for an average production of 27,000 BOE.
We have been told this has a 3 TCF Potential.
Previously we were told it had 3.5 TCF Potential.
All of the proven reserves for 6500 Producing wells in Utah is only 4.6TCF
Do you want me to go on.
Sugarloaf in Texas and Golden Eagle in Utah really cannot be compared"
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