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Replies to #445 on O & O-ZONE
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righty

08/12/07 2:41 AM

#446 RE: fazoolius #445

faz, this business of evaluating the payday claims worth is somewhat confusing.

we will not be selling uranium by the pound at market prices, we will be selling the ore at a major discount.

this is a contentious issue as the edge consulting payday evaluation, evaluated the payday claim group by the possible u308 lbs available at 2-20 million lbs and acccording to the then market privce of the uranium and the vanadium...

but this is not the case, we i do believe, will be blasting and bucketing the ore to trucks for transportaion to the mill for sale at a roughly 60% to market price minus costs of extraction and transportation.

I do not understand why rsds put that pr out in that fashion, some would say it was intentional. But one thing we do know is, there will not be a market price evaluation of any accuracy, we should be looking to evaluate the number of ore tons and multiply them by the white mesa mill price and subtracting costs of aquisition and extraction.
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TekNuLoof

08/12/07 9:10 AM

#448 RE: fazoolius #445

Nice assimilation of information Fazoo...

thanks for sharing it here.

Loof