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Polaris1

04/22/10 10:45 AM

#26069 RE: losmashrt #26063

Good point - it would be VERY expensive to explore for uranium. I'm not sure if we can afford it with our $1 million in dilution (really only $700,000 after our execs take their share). We're looking at approximately $4 million in costs to explore our land, although this depends on the type of exploration....

I'm not sure how they will figure out how to pay for it - in MY mind I would just sell Singida to pay for it ;)