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


To: Tommaso who wrote (4218)11/21/2006 2:55:22 PM
From: kidl  Read Replies (1) | Respond to of 30205
 
"I have never heard before of grades of uranium above 50%."
Neither have I. Fantastic, nearly "unbelievable" results.



To: Tommaso who wrote (4218)11/21/2006 6:10:31 PM
From: terry101  Read Replies (1) | Respond to of 30205
 
UEX recovery...

I noticed that it is "30 metres ABOVE the unconformity." That is a significant advantage to being at (or below) the unconformity. Good news!

Tomasso, I thought I also recall reading in the CCJ annual report that they have an option to increase their position in UEX to around 50%. I'll try to get some time tonight to look it back up.

Best,
Terry



To: Tommaso who wrote (4218)11/22/2006 7:14:02 PM
From: energyplay  Read Replies (1) | Respond to of 30205
 
High uranium grades - If I remeber correctly, the grades are express as percentages of U3O8, (the actual yellowcake). Some deposits have UO2, which is a black mineral. So a moderte amount of UO2 would result in very high values of U3O8

I think the MiVida mine (Charlie Steen's discovery) had UO2, which is one reason it was not recognized.

Some of the "roll deposits" have a reducing environment.

There is one extremely rich NATURAL deposit in Niger which would go critical when the water table was right.

uraniumminerals.com