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Replies to #18293 on Research Pit
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elmacanuck

11/24/11 10:50 AM

#18294 RE: ariadndndough #18293

Press Release Quote:


The Company considers these drilling results to date as highly significant, as major uranium discoveries in the Athabasca Basin such as McArthur River, Key Lake and Millennium were primarily the result of drill-testing of strong alteration zones related to conductor features and not the drill testing of specific graphitic conductor systems.
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Mr. Zen

11/25/11 9:19 AM

#18296 RE: ariadndndough #18293

ariadndndough: sometimes press releases are written for retail investors like us and sometimes they are written for the geologist of a major mining company, I think this one is the latter. With the upcoming shortage in Uranium and the tier two mining company buyouts happening in that area right now I think this could be (could be) a major winner. I plan to hold this position through to a buyout offer which I would think is possible.