UTO 0.00% 4.5¢ u308 limited

Mungindi,I should of mentioned MM Mining in my last post as they...

  1. 1,943 Posts.
    Mungindi,
    I should of mentioned MM Mining in my last post as they have a huge area running down the Wonomo fault ( UTO's ardmore alongside them ) and futher south. See their project maps at www.mmmining.com.au
    and also if anyone interested , then have a look at John435's post and replies to it on ASX General forum on 13th Jan " undervalued cloncurry juniors " #355347

    This from Paladin's 2010 Annual report - page 164:

    The Western Isa Joint Venture tenements are held by SRA/Pacific Mines Pty Ltd. MM Mining (Qld) Limited can
    earn 80% equity in the Western Isa Joint Venture tenements through expenditure of A$8M within three years of
    commencement (10 December 2007). Summit holds 20M fully paid shares or 12.25% of the issued capital in
    MM Mining Limited, the parent company of MM Mining (Qld) Limited.

    SRA is Summit and Pacific Mines is 100% Paladin subsidary.
    If MM Mining to list this year then maybe Paladin/Summit will have a good stake.
 
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