Forest: Daily Resources...

Forest: Daily Resources report.

http://www.kitcocasey.com/displayArticle.php?id=37


Extract:
"Finally, there was word yesterday that one of the most recent success stories in uranium exploration may not be all it seems. AllAfrica.com reported that a “uranium discovery” in Namibia made by Australian-listed Reefton Mining may in fact be the result of a false geophysical reading.

Reefton’s stock soared recently after the company announced it had encountered four radiometric anomalies near the producing Roessing uranium mine.

The news service, however, quoted several geologists who speculated that the readings are probably caused by radioactive thorium, and not uranium. It was noted that the area is in fact a study site where geology students often go to learn to spot false uranium readings".