GREY:UEXCF - Post by User
Comment by
st0ckpickeron Oct 15, 2004 11:04am
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Post# 8052043
RE: RE: Ore grade
RE: RE: Ore gradeNo doubt that depending on infrastructure and ore depth, those grades are minable. The big problem I have is that the market cap for UEX is pricing in either a big discovery or lots of little ones. The share price is in dangerous territory unless something comes along to support it. It will be interesting to see what the other drills say. I would bet they will be better. These guys know what they have when they pull the core out and I think they will release better results next but only incrementally.