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Re: frankie_fillet post# 6887

Tuesday, 05/08/2007 11:44:20 AM

Tuesday, May 08, 2007 11:44:20 AM

Post# of 68381
Assuming Australian Gold is actually drilling the test holes completion is estimated at over 200 days and that is only to determine if the property has enough mineralization to actually conduct mining operations. IDCN has not even bought in yet, they are a long way off from getting any return even if they do manage to buy in. Australia has three operating Uranium mines with a another coming online. They will have to clear alot of environmental hurdles before they ever begin mining and that is assuming its economically feasible. So in reality the price of Uranium should have no affect on the pps.