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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area
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To: AuBug who wrote (15842)1/10/2006 12:09:00 AM
From: rubbersoul  Read Replies (2) of 37387
 
DJEhuty,

This is a great update by DJE.V. It reinforces my belief that this company is one of those rare speculations that come around once in a while. Kudos to Crossy for sniffing this gem out .50 or so cents ago.

"Their interpretation of the data on the southernmost series of Megatem test lines shows three broad deep conductive zones. These test lines are approximately 7 kilometers north of Cameco’s Virgin River project where drilling on the Centennial Zone has intersected up to 8.39% U3O8 over 3.9 meters."

My understanding is that Lloyd Clark (Ex-chief geologist and exploration manager of Cameco) has a theory that Cameco's Virgin River property is just a small piece of the puzzle in what will turn out to be the mother of all uranium discoveries made in the Athabasca region.

Regards,
John
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