re: I am told by friends in the U industry that Canadian companies are currently buying indicated resources for $8/lb in the ground. In Oz the value is closer to $5. On this basis with 20M lbs
Great, hope they are right. Wonder why they haven't discovered BLR? With BLR currently at 46m lbs, ie $230m to $368m, 603m shares so 38c to 61c. And they are targeting 60m lbs by end 2007, so $300m to $480m, 50c to 80c. currently 13c- has to be the bargain of the year! :)
toe has gout, page-2
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