Will this be the week WCU reach the ore and become a uranium producer?
In the last report the main decline was at 750ft as of 29th Oct. They need to get to 900 to 1000 ft. They have been going at a drilling rate of 10ft/d in the sandstone - 15 to 25 days from 29th Oct. So that puts it somewhere between 13th Nov to 23 Nov to hit the stuff and start selling to white mesa mill if it all goes to plan. Im sure we will get a great announcement after all the fuss being granted a mining permit back in May.
It be great if the listing on the TSX could coincide with this event. Follow this up with permits to explore Blue Jay or Geitus before Xmas and id be pretty darn happy.
WCU Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
