Patterson Lake South Communications with ESO a couple of weeks back indicates that they are still waiting on some assays to proceed in July on PLS.
Below is an excerpt my buddy got from Rob...... verbatim:
"We are preparing to send our team out to the property in July to commence ground work with a two drill (Diamond & DR) program starting shortly after. We are still awaiting for a couple more assay results to come in, then we will be announcing the results and an overview of information/data in a news release.
For now, our immediate focus will stay on the Patterson Lake South property as this is a very significant opportunity with very positive results. We are extremely positive and excited to get back out to the property to continue the next phase of exploration. The Joint Venture is committed to locating and defining the bedrock source of its uranium boulders!" (I have hi-lited my main take)
Whatever one's personal views are, management is obviously very upbeat and positive of near future oportunities. Every thing I have read on the Uranium supply and demand situation points to much higher U prices in the next year. Though spot prices have bounced up and down around the $50/lb. the long term prices remain in the over $60/lb. range Despite the extremely poor market conditions for the juniors, ESO looks to be in an exceptional position should they hit the bedrock source.
Just a tid-bit for now, and........ always remember your own personal due dilligence!
Solver