RE:RE:RE:RE:On the road to a Billion Pound Resource (Half Way There!) Grayhawk50,
I can see the harsh comments about a billion pounds. I don't blame you if that's what people are betting on right now. I think a lot of people can see how half a billion is becoming more and more likely because they are likely going to have an inferred and indicated total north of 400 million at the next update.
There are not a lot of people who seriously doubt that NXE is onto something good. They are tightening the drill spacing and are going to convert a lot of the 7 hole inferred A2 High Grade Subzone to indicated thanks to the 20 additional holes drilled and reported to date from Winter 2015-16 onwards. In tightening the drills, they've consistently churned out great hole after great hole in the A2 High Grade Domain and the best holes encountered were a part of this infill drilling. So fairy tale seems a bit harsh for something that has thus far stood the test but I get your point.....and Malcolm probably did not mean 1 billion at the next update!
Probably a good time to trot out Doug Beatties interview with ceo.ca about NXE from November 2015. Note the part about Cameco committing to going underground with Mcarthur River when they had 260 million pounds then ultimately finding 340 million more.
https://blog.ceo.ca/2015/11/25/camecos-former-chief-mine-engineer-on-why-hes-long-nexgen/
It may still be early days at Arrow. Look at the A4 and A5 lenses. Lots of untested space from way down where they are back up to where the unconformity lies.
Grayhawk50 wrote: Malcolm,
Are you a schizophrenic?? Nexgen hasn't proved up 1 pound yet. So far, it's a fairy tale.
Maybe just click your heels 3 times and a billion lbs. will appear.