TSXV:PXP - Post Discussion
Post by
coffintrader on Aug 15, 2011 9:52am
$.13 cents - Cheap
Smart guys invovled here.. Mark Brown is an insider.
40 million shares out (tight float)
Good Uranium cheapy that I have accumulated shares in.
Private placement done at $.14 cents with some interesting guys that took the PP.
Drilling at Gumboot and following will be wolverine property optioned with Japan Oil!
Athabasca drilling begins
Core drilling has begun on the 100-per-cent-owned Gumboot property inthe eastern Athabasca basin. Approximately 2,300 metres will becompleted at Gumboot over the next month. Targets will be extensions ofthe mineralization and alteration drilled previously. The first drillhole will be a step-out hole along strike from GB11-23, whichintersected 1.47 per cent U3O8 and 2.45 per cent nickel over 0.1 metrewithin a much longer interval of moderate to intense hydrothermalalteration (see March 21, 2011, news release).
After the Gumboot program, the drill will be moved to the Wolverineproperty for an additional 2,000-metre drilling program to follow up onmineralization drilled in 2010 (see Aug. 18, 2010, news release).Wolverine was optioned to Japan Oil, Gas and Metals National Corp.(JOGMEC) in 2009. All exploration on Wolverine is being financed byJOGMEC.
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