RE:RE:RE:Latest interview from Precious Metals Fair Munich!It is exactly as SnowyWindows says.. the whole point of the current drill program was to explore the potential of the basement which is where NexGen found the Arrow deposit and where Fission found the Triple R deposit.. those are 2 of the most significant deposits ever found in the basin.. Rick Kusmirski, Skyharbour's Geo, knows exactly what he is doing, check out his credentials.
Also as Snowy said Denison have significant investment in Skyharbour's success, the two companies have close ties.
the guy from Commodity TV who recently interviewed Trimble is a bit useless imo.. all his questions were about things we all already know the answers to.. he did not ask when we are likely to start getting the results we are all waiting for...
Soon I hope!
SnowyWindows wrote: PowerBeast52 wrote: I watched the interview. I'm a little concerned they are now drilling deeper. It seems like Sky Harbour isn't finding the urnaium they expected at the shallow depths. I'm also wondering why they were able to buy Moore Lake 100% from Denison did Denison sell because the property is no good? However Orano is still involved and that's good. But I'm hearing mixed messages from Jordan.
All recent major Athabasca Basin uranium deposits have been found near the basement/sandstone division. They’d be insane not to test it given the success of other companies.
Read further into the Skyharbour’s option to acquire. Denison sold Skyharbour Moore lake, but because of the potential that Moore Lake offered Denison wrote in an option to reaquire 50% of Moore Lake for some exploration money. Denison is also invested in Skyharbour, and David Cates has a seat at Skyharbour’s board. Denison had to get rid of property during the downturn to focus more on their core assets, Skyharbour was just the luck recipient. Denison will only benefit if Moore Lake is a success, and Denison still has skin in the game.