A Hot CommodityIn a recent issue of Resource Investor, writer Michael J. DesLauriers made these remarks about what is considered to be the most attractive area in uranium exploration:
“…investors need to be cognizant of what it is that uranium players are exploring for, or developing. The new wave is near-surface, conventional, bulk tonnage, 0.10%-0.20%+/lb uranium, as investors now believe that this sort of material can and will be developed.”
https://www.resourceinvestor.com/pebble.asp?relid=24708
This description is precisely the kind of property that CMD will soon be drilling.
The R.I. commentary appeared in connection with a review of another company, but if one were to make a direct comparison, CMD looks more attractive. With surface showings at Hermitage as high as 3.1% U3O8 across a strike length of more than 100 kilometres, CMD is certainly a hot commodity.