RE:RE:RE:RE:RE:Rebound Soon well funded? You do know Dev said he is going to raise money after THIS drill program. Very nice deposit, MAYBE, but don't be so sure it's not on Orano's property or even Nexgen's. As for market expectations, sorry, it was Dev who set expectations and should be held to account. JMO
Bull4u2 wrote:
Greenday wrote: @ Bull4u2 - Did the geologist have an explanation on why it is "mathematically impossible" to be a one and done? The width and concentration of uranium in the discovery hole makes it seem highly improbable that its a one and done but "mathematically impossible"? Not sure I fully understand that part of it.
I didn't ask him why? He just said that F3 will have a very nice deposit, but it will take time.
You don't ever find a high grade hole like they found without adding more to it. Uranium is plentiful in the world, but tough to find. It comes in 'blobs and patches' according to him. We all know that ISO did 200 holes to finalize their deposit. F3 is j in the beginning of determing what they have. I bought in on the 0.13 placement so I'm quite happy here. Time and patience is the key. They are well funded now and with what's going on in the 'energy' world, I would think uranium will be a lot higher in 6 months. Fully expect the U.S. to band Russian uranium.