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27,524 Posts.
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16/04/09
11:14
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a read of their quaterly,
the sentinal project,
and i'll just illustrate one of their drills,
730ppm U, 1805 ppm Mo03, 113ppm Ge02.
(Ge sells for $1870/lb) so would offset lower U and Mo prices.
and their Main stay Ann Mason copper prospect,
810 MT @ .4% copper, and .004% molly.
I guess funding is the real issue for Anne Mason, with PSF under way.
I wander if they have a mind to sell the project off, there are some bigger players in the district operating Cu mines.
Some other AU Cu projects on the books as well.
Pre crash PMH traded bw 20 and 40c, with a crash floor of 4.5c,
It's speccy for sure, but i think the value of the uranium and energy sector gowing forward cant be dismissed.
cheers
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