Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (53877)	10/1/2004 8:57:20 AM
From: Condor	Read Replies (1) of 74559

Hi Jay I could say, "gee, let me do some DD and try to understand the business", or I could say, "say no more, fore there is nothing more that needs to be said, buy, hard buy, and buy till our belly aches" Whats the comparable grade of ore that each company owns? One may have to mine 1000 tons to get a lb. of U, vs. the other mining 10 tons to get a lb. of U. I have no idea of the grades of either but the above needs to be considered when comparing. Elliot Lake Ontario has a sh*tload of Uranium in the ground but it will likely never be mined. Cheers C

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