The following Quote is of revealance to THR because Mr John Young may have actually 'staked out the Area' of the Find in the Quote for HDN, before he was attracted to THR. The Question is, was Mr John Young been attracted to THR because THR has more Uranium prospects (Plenty Hwy. Bundey River etc.) which would be suitable for I.S.L. Mining.
The Quote:- Post Reply Options: TwinTurboCelica Post #: 2577832 Start of thread: IP: 220.233.xxx.xxx Sentiment: Buy Disclosure: Stock Held Views: 190
To view the full post without scrolling please use the full width view or single post view http://www.wabusinessnews.com.au/en-story/1/60924/Haddington-shares-up-on-uranium-drill-results
Haddington shares up on uranium drill results 21-February-08 by Edited announcement
Shares in West Perth-based mineral explorer Haddington Resources Ltd soared as high as 66 per cent in intraday trade, following better than expected uranium findings at its Shoobridge project in the Northern Territory.
Its shares hit a high of 35 cents each earlier in the day, before easing back to 30 cents at the close- a 42.8 per cent gain on the previous closing price.
Haddington managing director Colin McCavana said it was extremely excited by the potential of the Liberator Prospect and surrounding Shoobridge Project to host high grade uranium resources for future development.
Shoobridge is located 200 kilometres south of Darwin and comprises eight granted tenements totalling approximately 345 square kilometres.
"The results, including 1m at 18.1 per cent U3O8 from 40m, are truly spectacular, possibly the best reported in Australia for decades," Mr McCavana said.
In December 2007, Haddington completed its reverse circulation drilling program (18 holes for 920m) at the Liberator uranium prospect, which forms part of the Shoobridge project.
Spectrometer measurements from the RC drill cuttings indicated two significant zones of uranium mineralisation, each of approximately 3m downhole length.
"In the June quarter, following the wet season, Haddington will undertake detailed drilling to determine the extent of this discovery," Mr McCavana said.// End Quote
Yes Sharedodger, Mr John Young sees something here in THR and it will be very interesting to see what happens after the Approvals to Drill are received by THR.
No responsibility taken for any losses in association with this Posting.
Regards,
moly
THR Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
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