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Ann: Pine Creek Uranium Rights Returned to PNX, page-15

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Tizard

1,127 Posts.

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12/11/23

19:35

Post #: 70856502
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Originally posted by Rewop: ↑

They alluded to selling or perhaps JV, I found some other info that suggests they need some infill drilling for Jorc compliance. Be great to pick a JV partner to drill it or do a little more themselves.

Uranium is hot right now you would think if they can get a few good hits there would be a lot of interest all round.

Yes it’s dragging along not sure why they aren’t talking about the PFS or FID anymore, perhaps they need to increase the resource for finance or perhaps get some takeover interest. It’s great to have gold,zinc,silver and now uranium but need to progress. I am hoping the critical minerals update adds zinc to the list as it maybe an avenue for funding.

At least something is happening while they drag their feet on getting into production, we should get some assays from current exploration soon.

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PS, I have no idea how to read the Uranium grades so i may have to investigate and i would suggest they get some advice from someone who knows what their talking about

PNX Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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