Hi Tibbs et alii,
I had a conversation with the company today. Karl Meyers (Executive Director) is currently in Nevada. It seems the company is progressing on it's timetable to be in production at Apex mine in Nevada by 2008 (See below). It seems that Apex is well suited for "Leaching". In order to have a well defined focus on Apex it looks like UKL may establish an office in Nevada in the near future to help meet the 2008 production timetable for Apex. Time well tell....We should hear something on this once they have something to announce to the market. Until then we wait.
Also per the information in the Feb. Investor Presentation on new acquisitions (See below) they are in negotiations on additional uranium properties to expand their resource base. Again we will have to wait for an announcement once they have something to report to the market.
Time will tell...
Everyone Please DYOR&DD
Cheers,
Brantley
UKL
uranium king limited
