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

To: siempre33 who wrote (8999)	3/10/2007 7:28:51 AM
From: TheSlowLane	Read Replies (1) \| Respond to of 30167

Delta Exploration (DEV.V) is one that is worth watching. I first heard about this story a year ago at PDAC. Now the company has a drill on site and is ready to begin drilling their Falea project in Mali. The property has seen historical drilling by Cogema that produced consistent intersections of 1-4% U308 over lengths of a couple of meters (7.14% over 1.2M is the highest grade). The deposit is a flat, horizontal structure about 270-300M deep. The drill program will twin the historical holes, which they were able to locate on surface. The stock is overbought right now and it should be a couple of months before assays come back, but the share structure is tight. Rockgate Capital has an option for 60% of the property, but Delta also has some other gold projects. I have a starter position in Delta but will look for a lull in the coming months for accumulation opportunities. grub 9000!