Acccrding to what I have read, the PayDay claims are believed to have any where from 2 million pounds to 20 million pounds of uranium. At $70 a pound for U3O8, that is $140 million to $1.4 billion dollars!
Any idea what the profit margin would be on a shallow open pit operation for PayDay bearing in mind the grade of .27% U3O8 and 2 to 3% Vanadium?