STB 0.00% 40.0¢ south boulder mines ltd

lake disappointment , page-48

  1. 784 Posts.
    I saw this is in the quarterly, which is something I did not know about this co....

    THATCHER SOAK URANIUM JOINT VENTURE
    In September 2006, South Boulder entered into a Uranium JV with Uranex NL (“Uranex”)
    (ASX:UNX) whereby Uranex can earn a 65% interest in the uranium rights on P38/3298.
    South Boulder retains a 35% free carry to the completion of a bankable feasibility study
    (“BFS”) which must be completed within 6 years.

    ....that itself is worth something. Uranex went the moon onthe U hype 12 months back, and U will make a comeback, energy shortages remain!
 
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