EL8 15.3% 34.0¢ elevate uranium ltd

Mncia i agree SP and Phillipus seem to be a waste of time.As...

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    Mncia i agree SP and Phillipus seem to be a waste of time.

    As these were potential primary uranium resources anyway we should look forward to the much more important resource upgrade (which is secondary uranium)

    I liked this passage about it:

    "...The increase in U3O8 content was the result of infill drilling targeted on the shallow, higher grade portions of the Inferred Resource in which enabled the conversion of a portion of the Inferred resource to Indicated. This in turn confirmed the exploration model adopted by the Company and the potential for a significant upgrade in the overallresource with over 728 holes for 15,552 metres of drilling to be included in the next resource upgrade due for completion in Feruary 2010..."

    Which officially hints that we could see a positive surprise there.Although it is further delayed and we have to wait about another 2 weeks or so...
 
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