Alpha Minerals Inc ESOFD

News- More High Grade Uranium Including 37.5m @ 1.

[1option1]

Alpha Minerals Reports More High Grade Uranium Including 37.5m @ 1.17% U3O8 at Patterson Lake South Property, Athabasca Basin

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 10, 2013) - Alpha Minerals Inc. ("Alpha" or "the Company") (TSX VENTURE:AMW)(FRANKFURT:E2GA), and its Joint Venture partner Fission Energy Corp. are pleased to report further assay results from twelve diamond drill holes in the R00E zone on its Patterson L... Read more

[NorthTea]

this is very very good...speaks to continued and consistent results we have seen and will see in the future. the deposit is shaping up as one would hope and expect.   the drop in share price yesterday has nothing to do with the fundamentals of the deposit or the valuation related to the deposit -- it is crystal clear that the share price action yesterday has to do with a poorly executed

[Tinmann]

1% = roughly $1000/tonne at the current spot price.

[bridgetonowhere]

@NorthTea - The placement wasn't that great of a deal for the buyers in my view.  There were plenty of opportunities for anybody to buy AMW at less than $4.00 yesterday and the 1/2 warrant isn't any good until AMW hits $5.00.  In other words, the buyer paid a premium to yesterdays market for the warrants.  There is no incentive for the buyer to have the price down - the

[DOLLARTALKER]

All securities issued in connection with the Offering will be subject to a** four-month hold period **under applicable Canadian securities laws.The closing of the Offering is expected to occur on or before April 25, 2013.  As I see it raising money is always good in this horrible junior market environment,many a company wishes they could,most are at 0.10 and under. "

[NorthTea]

hey bridge...just do a black scholles on the warrant and you will see that it has a value of approx 25/30 cents...that is why we traded down from around 4 to 4.65/70. Its first year MBA mumbo jumbo but unfortunately that is hwo is controlling the hedge funds and our short term destiny...a bunch of wet behind the ears traders who are scared of their own shadows. The buyers of yesterday's

[Raptor7]

First of all, I guess everybody just wants to see the big numbers from PLS13-51 and PLS13-53 but I myself thought these results were pretty darn decent. You don't need 10% uranium in order for it to be economic. Highlights include: Hole PLS13-037 (line 025W) intersected multiple intervals of mineralization totaling 23m including: 7.5m grading 2.25% U3O8 (71.0m-78.5m) 2.0m

[classact]

Tinmann just posted that the ore is worth $1,000/tonne for 1% at current spot price.

[letsgetready]

Good post again Raptor. This is a temporary buying opportunity for sure, largely due to the PP announced yesterday. Todays news was very good imo..someone said 1% uranium is worth $1,000/tonne, thats almost equivalent to 20 g/tonne gold and we got 37 metres of that.