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


To: Rocket Red who wrote (12013)8/11/2007 5:45:25 AM
From: Postman  Respond to of 30238
 
I think LAM grades are over 1% average- very mineable
They have no worries in the long run because they already have the assets- got them very cheaply when uranium was aboout $14.00 a pound I think-

-and a good relationship the aboriginals, lots of Aussie miners involved which helps when in Australia-



To: Rocket Red who wrote (12013)8/13/2007 2:39:20 AM
From: Postman  Respond to of 30238
 
LAM uranium is commercial grade at their Aussie property-

-LAM is more of a proven asset play with around 2600 holes drilled in their main property by Rio Tinto- (diamond and reverse circulation)
Of course they have a very large exploration side as well but a lot of that is grass roots- in an area with no mining ban I believe-

-I have buddies in the company that is how I am so familiar with it-