GREY:NATUF - Post by User
Comment by
5Caraton Aug 12, 2007 1:08pm
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Post# 13234222
RE: Comparison
RE: ComparisonSpeaking of comparisons take a look at Prospector Resources, PRR.
They just acquired and will start on a work program with their new acquisition, the Kalzas Tungsten Project. It is in the Selwyn Tungsten Belt, the same local as NTC's properties!!! PRR has less than 30 million shares and trades at a ridiculously low share price currently only at 13.5 cents to 15 cents (anouncement came out on Friday so the market hasn't responded yet). Excerpt from the news release is below. It is worthwhile to check into, but do it quickly! Cheers.
"The Yukon Geological Survey characterizes Kalzas as the largest wolframite deposit in the world (1). Earlier work performed by Union Carbide showed the potential for in excess of 100 million tonnes of low-grade (0.1 per cent to 0.2 per cent WO3) tungsten (1). Resampling by Copper Ridge in 2001 confirmed higher-grade zones in the range of 0.3 per cent to plus 0.5 per cent WO3 and suggested the earlier Union Carbide analyses may have understated the tungsten grade (1). The sampling and evaluation by Copper Ridge indicate the possibility of defining a resource on the order of several millions of tonnes of surface-minable tungsten mineralization at a grade of 0.4 per cent WO3 or better (1)."