interview with alex molynuex of azarga

I've spoken again with my friend Alex Molynuex of Azarga. He's agreed to let me interview him (in writing) for an article about his private company Azarga and its 20% stake in Black Range. I will post the article on my blog Au-Wire.com (plus a few other spots!) and alert HotCopper and readers when the interview is posted.

I think shareholders and prospective shareholders will be very interested in what Alex has to say about both Black Range and Ablation Technologies, LLC. Recall that Alex and I visited Ablation's headquarters in Casper, Wyoming and Black Range's offices in Colorado, in March of this year. Alex has now invested and/or committed $4.3 million into Black Range and he's as excited as ever.

Alex's vast experience in natural resource mining allowed him to recognize instantly the potential for Ablation. The multiple cost, environmental and logistics advantages, together with reduced permitting / building of mills and tailings ponds, leads to less opposition from local communities. It's truly a win-win-win situation.

At 1.0-1.2 cents, why on earth would anyone be selling shares now??? Big news could be upon us in within months, why not wait? If nothing happens, the stock will still probably be around 1.0-1.2 cents. But, if the BLR/Ablation JV gets one or more contracts, BLR could move considerably higher.

Also, if uranium prices start to recover by year-end, ALL uranium stocks, including BLR, could move nicely higher.