RE:RE:RE:A new Patterson Lake Uranium Mill is coming...sudzie,
If FCU's resource at 108 million pounds is enough to justify a mill, surely NXE's 201 million pounds is sufficient to justify a mill. Who will build a mill first? Do nearby deposits need to be developed at the same time for cost sharing on a regional mill? If there is no cost sharing on a regional mill, will who ever builds a mill first, build more capacity than they need to allow for toll milling should other deposits nearby get developed at a later date?
sudzie191 wrote: Quakes - theres another very interesting observation one can make
Obviously CHang has the inside scoop with NXE management as he has been quite a cheerleader with all his estimates and articles.
So what I find really interesting is he is now saying there will be a new PLS district.
THus and so, has NXE figured out and thus CHang that NXE isn't big enuf to go it alone yet? And therefore we now hearing about cooperation, hiring of RPA for their Maiden resource being a big eye opener.
Another possibiliity is Areva and Cameco told NXE to hire RPA so that both the NXE and FCU resource calculations all being done by the same team, and with the same diligence. THen Cameco and Areva can sit down with RPA and start to scope out what a combined project would be worth to them, talk to the Sak Gov't to start thinking about putting in a power line.
Cameco are active to the northeast of Arrow with Purepoint, and they picked up some more jv property as well along the PLS corridor.
All velly interesting, velly
Think I go skiing tomorrow and let the heavens unfold as they may. THere are 4 cats out grooming my hills tonighty, specially for me, lol sudzie191 wrote: Chang finally tuned in to my posts of last June, lol
Smart guy