OTCQX:BNNLF - Post by User
Comment by
rktennon Dec 30, 2007 11:03pm
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Post# 14134658
RE: highgrade.net
RE: highgrade.netHi touareg,
Welcome to the best kept secret in the uranium business.
BAN is coming out with an upgrade in their resource estimate in late january that could be as high as 150 Million lbs of uranium, and a final resource estimate of around 200 Million pounds, of course IMHO.
This is just from their first anomaly call Goankontes anomaly "A".
Then in second quarter 2008 they will start their BFS having finished their scooping study a couple of months back.
Also second quarter, since they will have finished their anomaly A deposit, BAN will start their second anomaly.
They have 17 anomalies to drill yet, amd anomaly A wasn't their best anomaly, only the easiest to drill, being closest to a road etc.
Of course this is only my opinion and well as others, and I have talked to mangement quiet a few times.
Clive Jones and Peter Batten the CEO are 2 top geo's in the business.
Besides the High Grade artricles posted here, go to the web-site and go to their "latest news" and then "media releases."
The latest one is "A grand Nambian Plan, and then another one is "Making African Yellowcake Pay"
Read both of them, they will also give you some insight into Bannerman, I believe will be the best of the best in the uranium business, drilling in the best country to find uranium, Namiba.