Ann: TCC4 Drilling Update / Final Piedmont High Grade Assays, page-9

its funny, at 4m mc, and 6.5mlb of high grade uranium resource at caramal, and who knows what the other high grade strikes could satellite at, if drilled out, seem to be under the radar of the sellers, who, disappointed with the two holes at TTC4

while the company focus is on 100m lb targets, like Ranger, and noting that we have just this q, acquired Camecos interest in Beatrice.

http://www.alligatorenergy.com.au/t...-projects-quality-targets-high-grade-uranium/



I'm trying to think forward, and ask how many bags there are at 4m mc, to when where this will re-rate in the rising tide of uranium stocks , as that spot price inches up.

The funny part is, that from 1.2c to 0.6c, from expectation of TTC4, to two null holes, the upside just doubled, if you accumulate these discounts.

I look at it as what we have, and what will will be, if we were to simply drill out all those satellite high grade drills.

IMO, looking back at the previous uranium cycle, stocks that could lay their hands on a building inventory of high grade resources were few and far between.

BMN and DYL type hard rock namibia were 200-400 ppm. - just gives the lower end of the spectrum.