EL8 0.00% 35.0¢ elevate uranium ltd

marenicas update

  1. 523 Posts.
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    Hello everybody,

    Just a few thoughts on my side concerning the update:

    Managment makes it very clear,that AREVA is close by,which gives a broad hint IMO.

    A couple of new prospective drilling targets has been discovered and i especially find MS7 and MS( very apealing in the region of the original resource.

    Now coming to the Southern Dome,we can see further indication that it could have been the source for AREVAs Trekkopje.
    Just have a look at MS 3,4 and 5.All potentially secondary uranium which had to be flushed out somewhere.

    And in case you didnt notice,there is a big mining conference taking place in SA from February 1-4th:

    http://www.miningindaba.com/Pages/SponsorsExhibitors.aspx

    Many companies from the business will participate,among them AREVA and Marenica.

    As can be seen in Marenicas update,they intend to finish the final resource upgrade until end of January/beginning of February.
    So i guess they want to have these results before the conference.

    So i am very pleased with the progress.
    2010 could prove to be a real nice year for Marenica.

    Regards

    Wantedman
 
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