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Re: rmanton post# 37

Friday, 11/19/2010 4:44:15 PM

Friday, November 19, 2010 4:44:15 PM

Post# of 174
Yes I think this is a quality play, there are two iffs...

if they can get the funding through Cannacord (which should not be a problem since some of the brokers at Cannacord already hold a boat load of shares) and

if this new technology mounted on the backs of earthmovers can pinpoint the uranium (and they have an 85% sucess rate so far) and the deposit is on trend between two working Uranium mines and is reported to be near surface.

Then you will have a working Uranium mine out of this play, most likely it will get sold to a major but the price will be at par value to the proven reserves, which is much higher than where it is now.