sk, I guess you have noticed the fall of znic and nickel...

sk, I guess you have noticed the fall of znic and nickel producers?

The underlined commodities fall sharply cause significant fall of producer's share price.

What if uranium price fall to the ground? Why ERA can survive with $10/lb contract price?

If a uranium project is relying on higher uranium price, it might have very limited future, not only cannot get money to finance it, but also operation cost will kill it.

I stand by my call 300ppm small deposit is worthless. You can do the math or peer analysis. If you have 300ppm head grade, you better to have 100mlb of them.

And 1.03mt 0.32% (3200ppm) is well presented on Mar 2007 presentation. Go back have a read. CTS conly need to prove it, upgrade it into measured resource category. I bet they will have a great profitable project.

Why don't they do that? There might be other reasons which I don't know.