re: colorado acquisition I'd reckon once the terms of production are negotiated, the sky will be the limit. I admire BLR - they are a real achiever.
"Ore-grade uranium mineralisation
has been intersected in wide-spaced reconnaissance drilling at
more than eight other prospects on the Taylor Ranch, but
systematic follow-up was not completed previously. There is
considerable potential to discover substantial additional economic
uranium deposits elsewhere within the extensively mineralised
Taylor Ranch Project with further drilling.
The Company could conceivably be in production from the Taylor
Ranch Uranium Project within the foreseeable future, with one of
the USA’s only four licensed uranium mills strategically located in
Canon City, just 30km southeast of the Taylor Ranch Project.
Suitable terms would need to be negotiated.
The Company has commenced compilation of historic data from
the Taylor Ranch Uranium Project, with a view to announcing a
JORC-compliant resource for the project early in 2007."
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re: colorado acquisition I'd reckon once the terms of production...
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