Uranium North Resources Corp V.UNR

Assays pending

[M139]

From the May 27 NR they stated assays within 4 to 6 weeks... pretty much right on schedule give or take a week. Halt but still now news they don't seem to eager to get this out to us hope it's not a bad sign... oh well, lets go bring it on good or bad we can take it.

M

[Fierze]

So, what do you think about the news? I used to own this stock 2-3 years ago but since then I have forgotten a lot about uranium fundamentals. Are these news good or bad? Hope the company returns to higher value, they probably deserve it.

[W.K.]

It means that the SP is cheap.W.K.

[M139]

19m lbs of Uranium no matter how you slice it is significant for the long term energy demands. Will it get to production? I think we need a slightly higher cutoff maybe to .1 or .2 would be less risky. Can they get there, based on what I know about Nunavut I have to say most likely yes and they as much as say so in that the deposit is open.Let the daytraders play with it then will look to add to

[smithski]

The NR indicated that the 43-101 was completed,the Main Zone deposit is 100% owned by UNR, the new zone calculation is significantly higher than the historic estimate, the cut-off grades range from 0.01 to 0.06% U3O8, the interimresource calculation outlines 19.3 to 7.3 million pounds of U308 grading at 0.04 to 0.11% U3O8.Now from what i've dug up, the current industry standardcut-off grade of

[W.K.]

The old grade is minimum 1 kg (2.2 lb) per M/ton for the open pit mining. But the price of Uranium is more higher and the tech is better than before.I think that this one is cheap at this price level.Good luck,W.K.

[HubbaBuba2]

The ridiculously low cutoff is about as low as my opinion of this management. Too bad, otherwise some nice prospects. Move along, nothing to see here.  (You'll see.)