Bannerman Energy Ltd BNNLF

Energy

Bannerman Energy Limited is an Australia-based uranium development company. The Company's flagship asset is the 95% owned Etango Uranium Project that is located in the Erongo Region of Namibia, approximately 30 kilometers south-east of Swakopmund. The Etango Uranium Project possesses a uranium mineral resource endowment of 207 million pounds (Mlbs) of contained U3O8. The Etango Uranium Project is an undeveloped uranium deposits, located in the Erongo uranium mining region of Namibia which hosts the Rossing, Husab and Langer-Heinrich mines. The Company's subsidiaries include Bannerman Mining Resources (Namibia) (Pty) Ltd, Bannerman Energy (UK) Limited, Bannerman Investments Pty Ltd, Bannerman Energy Canada Ltd and Bannerman Energy (Netherlands) B.V.

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Bannerman Energy Ltd

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Comment by bert2818on Mar 31, 2006 1:45pm

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Post# 10592576

RE: Another undervalued Gold Stock

"In the mid-1990s, the previous owner of the Taurus II project made a non-NI 43-101-compliant estimate that it contains 1.24 million oz of gold in 28.4 million tonnes of ore grading 1.35 g/t Au." 1.35g/t is only good if it can be leach treated.Even in an open pit mining, if it has to be treated by regular methods,it won't make any money. JMHO

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Gold vs. bitcoin, where should you invest?