RE: Wheeler River/ Patterson Lake compare... Lhotse was just going over this chart after reading Malcolm Shaws latest
on Seeking Alpha when a comment popped up from a poster there. For the record I have
owned DML for over a year and a bit and know their story, but I understand it better now
because of AMW. I won't cite the comment but the jist of it is that the Phoenix/Wheeler River
project has the highest grade deposit in the world? I think they meant Athabasca Basin not sure
if the two are mutually exclusive but if you compare the numbers from the 2012 program run
by DML you will see they only pulled 4 holes with a higher Best Product Grade than PLS 38.
What is most interesting is 51 and 53 by all accounts might be better than 38 and all 3 are between
60 m and 160 m whereas the 4 big holes from Wheeler are all over 400 m deep.
When will the assays for 51 and 53 come? don't rightly know but I guessed by May 1st
and given that we have a bought deal to close I think that date might be just about right.
Lev