GREY:STHJF - Post by User
Comment by
YoungRichon Dec 27, 2006 11:30pm
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Post# 11925804
RE: STM has a lot more than that...
RE: STM has a lot more than that...If you gonna add inferred resources like with URE then STM has another 44.4 million pounds.
Also, when I look at URE's Radon Springs (34 million pounds) and Kaycee (3.2 million pounds) I just have to wonder if they'll ever be economical to mine at all with such low grades. It is widely accepted that 0.02% is the absolute minimum grade for mining to even be considered (maybe good at $150+/pounds?).
STM is planning to produce in 2010 from its Sky and Gas Hill projects in Wyomming. We still don't know how much Sky has but they say that it's amenable to in-situ leach and significant enough to begin permitting asap. So more resource number to come ...
https://www.strathmoreminerals.com/s/NewsReleases.asp?ReportID=80978&_Type=News-Releases&_Title=Strathmore-Acquires-Wyoming-Uranium-Property-While-Uranium-Prices-Continue-...
https://www.strathmoreminerals.com/s/Media.asp?ReportID=161317&_Type=Media&_Title=David-Miller-San-Francisco-Hard-Assets-Conference-Presentation-November-200...