the closest comparisons in regards to soil sample is cameco’s Key Lake deposit - surface anomaly of close to 10000 ppm in the 1970’s was above the Gaertner ore body.
At this stage, based on the data at hand, could we have a high grade deposit? Could this tenement and other indicators based off the soil samples and UAV lead to more anomalies. Would the other tenements offer similar potential. Considering anomalies have presented sampling 7 multiples greater, what is the potential. This is why the market is genuinely excited based on the POTENTIAL. The spec end assesses a stock based on potential. It provides the greatest volatility and appreciation of a stock price before dilution impacts the sp vs the mc. This is why we have FOMO in these high risk high reward stocks.
I am looking forward to tommorrow’s narrative - hope they mention in detail the upcoming works and timelines.
the closest comparisons in regards to soil sample is cameco’s...
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