Post by
bridgetonowhere on Jul 29, 2013 5:50pm
Critical Mass
By RJ's analysis, holes 73 and 75 added approximately 7Mlbs to PLS. That takes her up to over 50% needed for the deposit to reach critical mass. At the rate it's adding up, a big payday may be in sight before the end of the summer drill program.
Comment by
thinkahead on Jul 29, 2013 7:54pm
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Comment by
stockman6767 on Jul 30, 2013 5:06pm
How about Denison's Wheeler river? Could it be even better?
Comment by
dman34 on Jul 30, 2013 6:20pm
Very nice grades at Wheeler but the deposit starts at about 350-400m down. It's going to be very costly to get out of the ground. Much more so than PLS which starts hitting uranium at around 60m down. A massive difference in depth. IMO, because of this, PLS will get mined well before Wheeler does.
Comment by
losecash on Jul 30, 2013 6:50pm
My thoughts as well dman. I actually think pls will be taken out before denison because of the this. And at a premium.