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Gold/Mining/Energy : denison mines
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To: Lalit Jain who wrote (274)4/15/2002 12:30:31 PM
From: Stephen O  Read Replies (1) of 301
 
I'v reworked my numbers from the back of an envelope to a spread sheet. Drill hole S-700 is worth $1965 US per tonne using $9.90 Uranium value, 10 cu ft = 1 tonne.

30.1 metres total depth averaging 19.85 lbs Uranium per cu ft.
Hole S-693 is about 1/2 the value, still very good.

2 holes only though
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