UEX Corp T.UEX

RE:Will Shea turn out to be the biggest ?

[MegaMAxTZ]

A good problem to have. Is Shea Creek the Monster in the making OR is Christie Lake the emerging Monster between the 2 - 800 LB Gorilla's - of McCarthur River and Cigar Lake ??

And UEX owns a big piece of both SC and CL.

I bet Roger et al knows a lot more detail about this than anyone of us but, geologically, the Uranium deposits of McCarthur River and Cigar Lake must be connected to the same events that created them and roughly the same timeline. If so, the Uranium currently discovered so far at Christie Lake must also be connected to these events.

And what are the total U LBS at MR and CL - about 600,000,000 LBS I believe. Can all these LBS ever be mined and ultimately installed into Nuclear Power Plants around the world ? Certainly not at less than $ 40/LB and more likely North of $ 70/LB but I digress.

Shea Creek on the other hand is tied into the Cluff Lake formation events. They must be connected maybe ? And many areas at Shea untested and undrilled. Many have criticized the UEX money spent on the Cobalt search at WB - this writer has believed mostly that the Cobalt should add value when this whole thing finally gets rolling.

But future money should be spent at Shea as I believe the plan is with Roger. Let's get this Shea puppy up to 300 Million + LBS and prove that this is the next monster indeed.

MM