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


To: Rocket Red who wrote (6051)1/2/2007 11:39:22 PM
From: Cheeky Kid  Read Replies (1) | Respond to of 30397
 
U mining was banned, or should I say is banned, so far....



To: Rocket Red who wrote (6051)1/3/2007 11:06:46 AM
From: xyz1  Respond to of 30397
 
LAM has 100% of the Westmoreland Ux project in Queensland. This was discovered by Mt Isa Mines in 1956. LAM acquired it from Rio Tinto who let it go because of low Ux prices and because the Aussie government at that time was against uranium mining. I believe that property also lies in protected Aboriginal lands (but I may be wrong on this). That's why it was so cheap.