Alpha Minerals Inc ESOFD

New Technology?

[Solver]

Looking at the news release regarding FCU's patent pending technology, it appears that they have improved background cancellation and added better computing abilities.  They have not invented any new technology whatsoever, as I see it....only tweeked existing sensitivities and modified flight heights.

Can't see that qualifying for any new patent, as the existing patent holders will be sure to take it to whatever legal ends required should they feel an infringment.  If they are court challenged and legally entangled, it may end up costing their shareholders in some way or other.  Doesn't prevent them from trying though.


In any case, finding RA boulders only indicates that there is a potential source somewhere about, but only drilling would be the final say of any value.  Until you prove what you have by drilling you have the proverbial "moose pasture".  Optimism is not proof of property value.

As regards the boulder field, looking at the ICP results as posted, it seems that the boulder field source has yet to be found....perhaps a fourth and possibly better U body.

Also looking at FCU's properties, there is a scarscity of any real drilling results or known values (beyond PLS) so at this point their main core value lies solely with  the PLS property  and unknown potential for the rest of their U holdings, while AMW is more diversified with uranium,gold/silver, lithium, and their information on their properties is considerably greater with certain proven values in addition to U.  Peru is not always a stable political country either.

Both FCU and AMW should continue to give value to their shareholders for the forseeable future,  and are surrounded by copy cats hoping to ride the wave of success.  Can't imagine a merger though at this point.  AMW mgmt. is too astute to dilute.

Should see some RA reading soon, and as stated before a lot of optimism comming from the locals.

Hoping the best for both AMW and FCU, but would be somwhat more cautious with FCU until they have other proven successes. 

Solver