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Re: stocktrader1 post# 15460

Thursday, 05/01/2008 10:59:56 PM

Thursday, May 01, 2008 10:59:56 PM

Post# of 165855
It sounds to me like he confirmed the DD that seabreezing has done: 1) the D zone niobium deposit is open at depth and 2) the east zone has the potential to host as much as the D zone (i.e. double the niobium). Plus he confirmed that tantalum and uranium were never even looked for before. So we're looking at a minimum of $10B of niobium plus the accompanying tantalum and potential uranium.

As for the information contained in the Hawk report, here's the relevant section from the PR announcing the work:

"...the purpose of the preliminary assessment report is to evaluate the historical exploration work on the property conducted by Gulf Minerals Canada Limited and include an initial review of the original drill logs. The independent consultants will then make recommendations for future exploration assessment work that may be required in order to allow the company to have an NI 43-101 compliant resource estimate prepared."

This is exactly what I have been expecting. Have you been expecting something more?