GREY:BHNGF - Post by User
Comment by
deninsaskon Jan 16, 2007 12:17pm
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Post# 12026944
RE: I just called as well ....60 million lbs.U3O8
RE: I just called as well ....60 million lbs.U3O8
govtau....."just be prepared for if the 43-101 has one pound more than26 mil this could hit 2 bucks easily today and 3- 4 buy the end of the month. anything less than 24 mil pounds then we stay where we are and wait for mining permits"......
I disagree, this is only confirmation drilling to bring the historical resource estimate into todays required NI43-101 compliance.......even if we show more than 26 or less than 24 million lbs. as you suggest, GEM will more than likely announce in conjunction with the NI43-101, an Infill/Stepout Drill Program to further prove up more resources.
They'll want to start proving up the over 60 million they have boasted about previously...........inferred or not.