GREY:YSSCF - Post by User
Post by
westaussieon Apr 17, 2007 7:42pm
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Post# 12627365
Drilling is to start
Drilling is to startIf you have read some of my previous posts you will see where I have mentioned that ALZ are going to drill the George Uranium prospect in the Northern Territory. As late as yesterday I heard the drillers are packing the rig. So perhaps within two weeks you will have some drill results. This will follow by Yuinmery ( a proven deposit) as I have also heard the regulatory approvals are finally just about in place.
You need to appreciate that it takes at least two years in Australia before you can get native title clearances and all the rest of the bull dust you need to do with Govt before you can drill.
It amazes me of all the new IPO's coming onto the market, that they have to start the process, and investors going for these type of stocks. At least now with ALZ ongoing results will be coming.