This is massive news for UNX. Two JORC's (Thatcher in WA and Manyoni in Tanzania), resource and grade upside around the corner for both, shallow deposits and now ... a massive endorsement from Polo resources through this investment.
this will allow UNX the financial space to accelerate work in Tanzania, with the aim of producing early 2011
This is a 10 bagger in the making when you compare market cap of unx ($45M) with MRU (circa $400M, particularly given all the fundamentals stak up, as well as politically strong support from Tanzania Government
polo resources buys into uranex (unx), page-2
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Add URANIUM (NYMEX) to my watchlist
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