Agnew propertyHere's one of those neat things.
"February 27, 2006
URSA Major Minerals’ drilling at the past-producing Agnew Lake Uranium Mine, Ontario, confirms significant uranium values in two zones with associated rare earth element mineralization"
Now I was told that this property was not worth the time for URSA to work on it. Plus, URSA was focusing on nickel. We were lucky to find a fish to grab it and we made good money on it when it was sold. This property was not going to amount to much at all. I thought we were better to option it out instead of selling it especially when Uranium was such a hot commodity and this was a mine at one time. You know, the old 60/40 split with another company? Does that make better sense?
So we end up selling a property which looks like it had potential based on the URSA NR. Was that a mistake?
And RS ends up on the Nyah BofD. I'm sure that was not a mistake.
If the property was such a dud back then, why is Richard on the BofD? I know, to protect URSAs investment in Nyah...Blah...blah blah... but if he wanted to protect our investment, why did he not option it out?
We're going to hear a lot of reasons why it was good for him to sell it out, and none as to why it was good for URSA to keep it.
I'm just asking questions here.