re: Ann: Mauritania Uranium Update - Maiden R...
Hopefully we've seen the end of that seller who keeps dropping lots of shares at 15.5c Will be interested to see if the million odd wanted at 15 c reappears today or was that someone trying to get the buyers to take his stock at 15.5c. If the next lot of grades increase by a few 100ppm we might see a lot more interest in the buy side. I imagine if they can average 500ppm+ like quite a bit of EXT's Jorc resource,[approx 290m/lbs ] we'll really start making money. I see Firawa's initial jorc resource of 11.6m/lbs averages at 296ppm. With a lot of their ground open at both ends,sides and down, it would be nice to think in the future they could build a similar resource to EXT, valued at $8.50+ p/s. FTE has got approx x2.4 more shares than EXT. Hopefully I'm not dreaming too much...I live in hope...LOL
Regards Dabru
FTE Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held