TSX:SRU.UN - Post by User
Comment by
LANNY9on Mar 13, 2009 12:02pm
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Post# 15842906
RE: One man's fact is another man's fiction
RE: One man's fact is another man's fictionWell it looks like the boiler room has their back up against the wall, they are posting under all their aliases. maybe they could bring out a few more?
Apparently tommy didn't listen to OOA's response about the quality of acid? This could be the reason why they cannot sell it, would it not? If I have the choice between poor acid and good acid for the same price, I wonder which one I would go with? From OOA's past posts I have drawn the conclusion that he knows this business very well and should not be doubted. If Starfield does get an agreement in place with Areva we will see this stock fly as it will be yet another large step taken to production. I think Areva will wait until the pilot plant works out before they sign on to buy the acid but the fact that they might have an "understanding" means quite a bit IMO. I would look for SRu to try to negotiate with steel producers in the near future. There is nothing wrong with letting people know what you are going to have to offer IMO.
Now you are saying Areva's project failed a pre-feasibility a couple decades ago???? Give me a break, fact is mining has changed, the world has changed and most off all the price of uranium has changed. Do you honestly believe that the price of uranium is going to go back to it's lows of the past? The shortage in uranium will rear it's ugly head in the next ten years as dozens upon dozens of nuclear power plants come on line. Where do you think all this uranium is going to come from? Also, Areva didn't have a close neighbour in Starfield who will have all the acid that they need in order to mine the uranium. This makes their mining operation a lot more efficient by bringing their mining costs down dramatically.
You are also not giving enough credit to SRU, they should be very close, if not over the 30 million tonne mark indicated this year. As well, the metallurgical system is proceeding to pilot plant stage, what more could you ask for? The system has proven out at lower levels so there is no reason to believe that it will not work on a larger scale.