price impact of uranium exploration, page-4

Thanks Conix,

I hear you !

The sample grades THR has published are absolutely stunning.

Some samples are over 8% U308.

Economics will not be a problem with THR projects if sample grades are any indicator...we now need some good widths.

If we get results anything around 0.3% with large widths, .....THR will be many, many multiples of we are now.

However potential here is for grades much higher than 0.3%....time will tell.

Downside risk is mitigated by Molyhil project - all in all, Thor is a standout junior speck with tremendous potential to benefit from the coming U shortage.

Look forward to the Mo results....due mid May (next week), and some guidance from the coy on Molyhil progress re off take / funding.

Wagons loaded....coiled to the max.

Regards,

Uboy