WCU 0.00% 23.5¢ white canyon uranium limited

roll up your ciguars, page-14

  1. 1,786 Posts.
    Hi guys

    New to WCU but the announcement IMHO is a good one...

    Surely commonsense would dictate that a) you wouldn't hang the entire operation on the mill being able to take your product b) why would a mill that is struggling knock back work c) Mill has said operations are on hold for 2009 - WCU - mining commences Sept 09, so it's not unfeasible that the dates work in well.

    I know absolutely nothing about uranium mining (if it's not already obvious) but even if they do everything they can in readiness it's still going to come out of the ground one day...

    And the last sentence of the announcement regarding the mill contract sounds pretty confident - "Further details will be announced once finalized." - It's not like it says "starting negotiations" - it sounds like it's well underway and bolsters my confidence that it's close to a done deal...

    Happy to be shot down in flames!

    Good luck to all holding
 
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