TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Re: News Flash !!!
1
wmn
Oct 23, 2008 11:34AM
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Oct 23, 2008 11:42AM

Cedar...

You old grump..

Hathor has a magnificent hit...but 1% U3O8 that is open pitable will make us all rich...don't forget that Cameco has 35-50% U3O8 that is flooded by a lake in their mine shaft and it may never be recovered..

I been in the Uranium investing bus for 20 years and grades are not every thing..How much of there is minable..That is the question..

Kennacott was mining U3O8 down in Wyoming,open pit with average grades of .07%...Yes point zero seven % and making tons of money..but there was tons of it for picking up off the ground./.

so grades are not every thing..

Go look at the average grade of mined U3O8...It will startle you ..It is under 1%...

Portee



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