Thanks for clarifying the intentions of SUP and Sachem Cove.
Mr. Gillman's credentials are impressive, although he doesn't seem to have experience with underground U-V mining on the Colorado Plateau. Did he leave PEN along with Gus Simpson after the alkaline chemistry debacle?
Fair point on Sachem Cove's ownership of the Premier properties. While not moose pasture (by the way, moose have not migrated to that part of Colorado) their prospective value is questionable. Is there uranium and vanadium? Yes, absolutely. Can they be mined economically? Doubtful. All of the best properties on the Colorado Plateau have long since been picked up by Energy Fuels, Western Uranium and Vanadium, Cotter, Anfield, and a handful of other companies. While most are permitted, none of these properties are in production. The only operating mill in the region, White Mesa, is not currently milling ore but is only processing "alternate feed", i.e. radioactive wastes, from various sources. The Sachem Cove properties are part of a vast inventory of abandoned mines and mining claims spread across the Uravan Mineral Belt that are unlikely to ever see production.
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Thanks for clarifying the intentions of SUP and Sachem Cove.Mr....
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