tech. comments from a veteran in Athabasca play I attended PDAC on Sunday, met a chief geologist from another u explorer company, which is one of the early birds in Athabasca Basin and they have some nabouring projects with lakeland.
I requested him to give some pure technical comment about LK etc. He was reluctant to comment. After my repeatedly requesting, he said, "I don't like that area", (Because of geological complexity-) "sometimes it is difficult to find the origin of radon, (in one case, sb.) after 30y still could not drill". "Boulder in Fission is so soft that you can kick it to break, (so you know the origin is nearby, otherwise) where were they from, where to drill?"
Considering they are competetors each other, considering exploration is quite similar to gambling, I am reluctant to take his opinion as granted, but also must think about his comment seviously, nevertheless he is professional and have been woring in Athabasca for decades.
Hence I decided, I won't buy but will still watch closely, until I am convinced or I can get a suitable reward/risk ratio to entering the play. or can trade it to get some "free-shares", otherwise, I would prefer to lose a chance instead of trapped in very risky exploraertion projects that were dropped by experienced Athabasca explorers with good reputation. Because I have been severely hurt too many times by such gambling.
JMHO