You people are insane.
This is some soil sampling.
They could have found the same thing with a scintillometer reading. Hot rocks giving off high PPM reading doesn't mean you've got a massive uranium deposit. That's just not how it works. Considerable drilling needs to take place and there's a good chance they come up with sweet f* all.
Market cap at $50m now means they best delineate a 50m lb high grade resource of this stock will drop 95%.
My suspicion is the latter will occur.
Ann: Soil Grades up to 74,997 ppm U3O8 (7.5%) at Portland Creek, page-481
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