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Gold/Mining/Energy : Uranium Stocks
URNM 54.89+0.3%Dec 31 4:00 PM EST
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To: UPTICK who wrote (5429)12/27/2006 2:48:18 PM
From: UPTICK  Read Replies (1) of 30247
 
O.K. They already have 200,000 tons of 1% to 2% or 4M to 8M lbs X 70.00 a pound,that is 280 M$ to 560M$ and going to prove more in 2007...So,roughly 0.5 B$.
200,000 tons is 80000 m3 at a true wiht ( which can be easily assumed by the drilling results we have ) of 10m you need only a structure which is only... 80M wide X 100 meters deep. The structure is open in both directions ,so with 4 or 5 riggs on the property ..and the deep drilling coming...it would be unbelievable to have pin point such a small structure of 80000 m3, no doubt cubic meters will be added.
The interesting and most promising part of the story is the grades which are outstanding...
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