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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (2432)3/31/2006 10:01:23 AM
From: geo in vancouver  Read Replies (1) | Respond to of 30090
 
A note of caution. It is one thing to have a 'historical resource', but many companies do not have the actual database to back it up. In other words, they will not kn ow where to drill and will start from square one.
there is no guarantee that the resource will be found to be economic even at todays price. It is prudent to remember what you are buying. If you want to be serious, look for the companies that have a current resource, that is one that complies with National Instrument 43-101 (complies with current canadian Securities law,) or a company that is drilling to verify the historical resource. that is where the money is to be made. IMHO
geo