CBS
taken from the CBS thread this morning poster Sydney
CBS's 470km2 tenement interests are situated directly north of and adjacent to BHP Billiton’s Yeelirrie Uranium Project, which was recently sold to Cameco Corporation (TSX: CCO, NYSE: CCJ) for US$430m, reportedly Australia’s second-largest undeveloped uranium target.
I believe CBS Yeelirrie uranium project potential already exceeds current MC of $6.5m, so close to Australian second largest uranium deposit! 1300-1500ppm deposit!
CBS had already done Initial due diligence:
"Initial due diligence and exploration reconnaissance work indicates the potential for one or two of the palaeo-channels that feed into the Yeelirrie palaeo-channel to originate in the Cabral tenement area."
"feed into the Yeelirrie palaeo-channel"
plus 4c cash backing, unbelievable bargin!
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CBStaken from the CBS thread this morning poster SydneyCBS's...
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