GREY:SRSIF - Post by User
Post by
pumpndump1on Mar 29, 2007 12:13pm
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Post# 12512254
Kind of Funny.....
Kind of Funny.....that in the biggest bull market ever in uranium, a little company like RSC one of has the biggest new discoveries worldwide, and to top it off they may be just scraping the tip of an iceberg. What surprises me is that everyone seems to put so much attention on area plays and other juniors, people have it in their minds RSC has already had its run and they want to find the next big one. The best part of RSC is that we already have a discovery to justify present share price, but we also have a way better possibility than 99% of others to increase resources big time. RSC ore is worth $4,200/ton imagine if they hit some 20% down deep, then we are looking at $40,000/ton ore. A deposit like this is very rare. At present in the uranium sector there is absolutely nothing that compares with RSC.
ARU went to a $1 billion market cap on 189m of 24g/t AU, this rock is worth $450/ton.
RSC is at $300 million market cap with two great holes and the last being 2.13% Uranium over 15.2m, this rock being worth $4,200/ton. If you ask me it appears a lot easier to get 15 meters of ore mined rather than 189 meters worth, and the best part is it's all in good old Canada instead of a totally unstable country.