InvestorsHub Logo

Dreamchaser

01/15/11 2:07 PM

#45591 RE: warmsnow #45587

My Comments on Uranium 2011


To add, breccia pipes are of the highest standard of mining and carry the highest concentration of uranium oxide. Breccia pipes are cheapest to mine, pose little damage to the environment and are easiest to attract large investors. As many know, open pit mining for uranium is more costly and endangers the water table. Knowing this information on breccia pipes and reading over the you article you posted, it is very plain to see that perhaps LBSR will get attention for their uranium claims very soon. First, to get a more thorough picture, let's look over the uranium mining in Arizona through the eyes of Karen Wrenwich. Read here.

http://acertgroup.com/WeinrichUraniumMininginArizonaTestimony21Jul09.pdf

And here is an excerpt from the article you posted. Notice what large investors are looking for and connect the dots.


It is important to follow the countries which have a trade surplus like Russia and China and to highlight the locations of their strategic investments. They are willing to pay premium prices to acquire new uranium assets. One should follow those mines which have not yet been acquired and have the best production profile. Even though China is bailing out Europe and the U.S. deficits by purchasing debt, behind closed doors and below the radar of the mainstream media, China and Russia have been purchasing major amounts of uranium as prices have recently soared. . .

http://www.kitco.com/ind/Handwerger/jan142011.html

Here's another article from the Liberty Star Website on breccia pipes.

http://www.libertystaruranium.com/www/links-articles/uranium-mining-in-arizona-high-grade-and-safe