URL universal resources limited

Begin Quote"Just to put things into perspective and on the...

  1. 2,232 Posts.
    Begin Quote
    "Just to put things into perspective and on the correct thread. So not to annoy the expert ....

    URL owns tennaments in the area of AUM for a total of 3,500 square km.
    The lease 13049 owned by AUM covers I believe 54 sq km.

    Of course this means nothing ... it may mean URL owns a lot of useless dirt besides the already proven Roseby deposit. AUM obviously has a good find maybe even great.

    Just to quantify this Roseby covers 1,100 sq KM alone and JORC reserves are around 1 million tons of copper average grade of 0.77%.

    Now of the remaining 2,400 sq km in the region ... who knows ... but besides Xstrata I dont think there are many with a claim on this much land. It may be worth something it may be worth nothing.

    My attraction as always to URL was the proven resource with native title agreement and planned to go into mining by end of 2007. ROSEBY.

    There will be a full feasability out end of this month on this .... thats why I am long and the other stuff is an added bonus."

    End Quote

    I got this from a poster @ sharesc*ne...
    Look at how much land URL has in comparisson to AUM.
 
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