Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Threshold who wrote (4306)	11/24/2006 6:50:59 PM
From: Tommaso	Read Replies (1) \| Respond to of 30346

>>>RSC's rock is around 1% U3O8. So 2200lbs per tonne is 22lbs of uranium per tonne which is 22 * $62 = $1364/ton so about 2 oz au per ton.<<< That's feasible for mining but not extremely impressive. Getting anything out of it is a long, long way off. You have financing, mine construction, mining, milling, refining, and marketing all well into the future. I thought the tar sands moved from caution to wild speculation in a hurry, but uranium is doing it even faster. Incidentally, "au" is the chemical symbol for gold, not uranium.