THR will be releasing its quaterly report by next Thusday, just 7 days from now. In this we will learn of progress on the finalisation of the sales agreements [offtakes] and of the progress in advancing the exploraton programme for Harts Range uranium.
Now if we go back over previous statements we know that Harts Range has been shown to have rich veins of U3O8 grading up to 19% U3O8. That should be considered in two ways:
1. the lower grade ores will dilute the rich ore during production. In this manner I can assist, because when I assayed my samples, my AVERAGE grades were 1.5 to 2 % U3O8
2. look around world share markets, and if you see a mining company reporting samples of up to 19% U3O8 and averaging 1.5% , the share capitalistion is some 20 times the market cap of THR.
Hence, I am looking forward to 2008 as the recovery year for THR and the year it reached $1. Conix
THR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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