As an add on to this post I add regarding
..uneconomical....clarification....
...results to date are not judged by many to be such...at no time does the RTM report state uneconomical clearly...this is the interpetation of individuals...read the report and judge for yourself...
some HC posters say...
Subject today's results are......
Posted 15/04/05 15:15 - 110 reads
Posted by Ypsilon
IP 202.89.xxx.xxx
Post #572356 - start of thread - splitview
Not economical! Simple: The Uranium Readings, indicated in today's results are no where economical for mining......
Of-course there are more results pending BUT today's results are average and if one were to use a gold exploration analogy......Something like.....10 metres @ 3gpt........
I hope the next results (plenty to come...) are far more encouraging.
PS. As for the leases, there is not a question. They are undeniably Reefton's. No worries about that....Uranium, or rather the scarcity of it is in question.....
Cheers.......
Interpetaion of the RTM reports is open to individual interpetaion...but still...
I conclude for myself...
...high risk at this time of market instability...
the lack of editing fascilities on HC as necessitated this
add on...
al
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