am surprised that this one didn't fall more after the latest quarterly announcements...... as the Radon anomaly that was drilled came back with "not much" (from what i recall) - and it was moreso mentioned in VUL quarterly than in EME's..... but i don't think that many picked up on it - or simply turned a blind eye.
although they have the high-grade deposit - it is small... don't see the infrastructure to mine it - otherwise they would.... If they had a few Bigryli's then perhaps that would be the case.....
I do see known deposits such as RIO's Kyntre, BHP's Yeerilie, VUL/SMM's Valhalla, Laramide's West Moreland, RPT's Lake Maitland, NEL's Lake Way-Centipede; being brought to mine way before anything that EME has.
Because most of these others are (at worst) waiting to begin feasiblity studies and could be mining within 2 or 3? years, while EME is tending to its 1st, 2nd, or 3rd phase of exploration drilling. I believe that only CMR and ARU are the NT companies that have realistic chance of mining any uranium content by 2008/2009. Anything else in that territory is simply to far behind the 8-ball for now.
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