OTCQB:UEXCF - Post by User
Comment by
MegaMAxTZon Aug 01, 2019 7:57pm
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Post# 29986870
RE:Message from Management in latest MD&A
RE:Message from Management in latest MD&AThank You Mangoe/Destinator for (re) reminding of the potential at Christie Lake.
What if and this is an IF, - whatever geological event formed the McCarthur River and Cigar Lake Uranium deposits is connected. I have said this many times in the past. But all the other potential Uranium deposits in the Athabasca basin are not truly connected.
McCarthur River and Cigar Lake and right in between is Christie Lake - explain why the Uranium LBS at CL are not connected to the other 2 Macro deposit original formation events ?? That is the question.
How can 20 % + Uranium over X Metres at Christie Lake not be connected to the similar high grade at MR and CL ? I believe this possibility makes UEX Uranium current and potential LBS much more valuable - especially when current major shareholder Cameco looks beyond current Tier 1 assets when depleted.... how easy to move beyond CL into Christie Lake in the next cycle thinking long term.
Wishful thinking of course but geology reality speaks as well.
MM