Post by
Wangotango67 on Jun 02, 2024 5:36pm
BIAS of eU3O8 ?
Peer Uranium explorers use the radiometric measurement of, eU3O8
This measures all radio emmissions.
Therefore, all minerals contribute to the total radiometrics and amplify the actual U3O8.
Peer Example
https://stockhouse.com/news/press-releases/2024/03/27/canalaska-intersects-11-5-metres-of-10-84-eu3o8-unconformity-uranium-at-pike
While other juniors simply state a clean, U3O8 grade.
What would BlueSky's ( total radiometer of e ) value be if,
phosphate, potassium, lanthanum, molybdenum, rhenium, selenium, and yttrium
Something the junior should offer to amp up their radiometer grade.
Hence... include the other minerals.
Given the location ( Argentina )
Given the fact the junior has what an Uranium Plant needs.
Places junior at = advantage.
What i would do ?
I'd team with a uranium plant.
small profits mining the uranium which is ok...but,,
there's more profit if junior asked for 5% share of energy profits.
1 lb of uranium = 17,000 KWh
Argentina = 0.13/cents KWh
1 lb uranium translates to, $2,200 profit ( electricity profit )
$2200
x 5%
= $110
x 17 million pounds of uranium
= $1,870,000,000 billion
That's how a junior should align themselves.
Wink
Comment by
RockLobster1 on Jun 06, 2024 4:18pm
tks for your analysis.. interesting... Halted now
Comment by
Cdnmate23 on Jun 09, 2024 10:44am
Any insights on the halt? Not a quick turnaround on the news, maybe need the weekend to get it right. Let's hope for a bump to 0.10 and more interest. Nuclear is so dam hot right now all over, it would be great to see another property earmarked for development then there may be competition for it.