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Re: trade15 post# 239631

Tuesday, 08/21/2007 5:41:57 PM

Tuesday, August 21, 2007 5:41:57 PM

Post# of 358440
I checked the PR's...I am familiar with all the project areas. Unfortunately, most of the claims are outside the Athabasca Basin, centered in the Foster Lakes area. The premise is that structures that control uranium mineralization in the Basin continue to the southwest, and possibly could result in mineable grades there as well.

They have a few decent properties in the Basin itself, but the bulk of their properties are outside. I believe the exploration model is an Eagle Point basement type deposit, which typically has much lower grades than the unconformity model, but has much more stable ground conditions.

There's a good chance that all these uranium juniors will go on another run once the snow flies, particularily those with a decent property portfolio.

Northern Saskatchewan Fire:

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