Yeah Whale, some of those drill holes were not too shabby at all. How L2N came up with a two-bit grade of only .4% and L1 with a so-so .51% grade is the question. Grades that are similiar and a bit better than the McWaters open pit but thats all. At least Mcwaters does have higher grades deeper. But of course with the high overhead and high capex there McWaters has profitability issues. Without deeper and better grades, Langmuir will continue to be an unknown prospect at best IMO..
The once proposed Canadian Arrow & URSA merger is interesting. If you recall it was Canadian Arrow that was going to takeover the old Liberty Exploration Redstone deposit. Then Gary Nash's coup ended that piece of business. Of course the newer Liberty in hindsight would have been better off dumping that deposit as it ended up dragging the other deposits downward as we see today.
Just shows the in-breeding that this industry has.