Totally agree, they seem very expensive to me. I've been saying this for some time, unfortunately, and missed out on some $$. What was the Anderson's JORC? 4.7m lbs. I would have been hoping for 10-20m. Pretty high grade though isn't it? 15 ks from Mt Isa. Gee, they could dig it up and taxi it into town. Adds to the list of resources though. They might still make it to 100m lbs total, if they get the IUJV to themselves, although that's doubtful. Beatie's changed his tune to win some votes, so could be mining relatively soon. Probably sooner than BMN and ERN actually. They're yet to produce JORCs and with the way these drilling programs lengthen out, could be some time before they get an inferred? Then they need all the additional drilling to get to the meassured before PFS....Some time away. I think your estimates aren't very conservative on this and don't count for any fudge. Have you factored in any problems? Like rig availability? Resource definition hold ups like we've seen with SMM and AGS? etc...
You'll come around to accept TA as a valuable tool one day Halba.Hi nizar if I buy it must have fundamental value.
I've put a couple of bucks each way on this one too. I'm moving to Peru in a couple of months, so will drop in and let you know how it's going.CTS as black horse.
My money is still on PNN as the front-runner, and EQN CMR will be the second and the third, with CTS as black horse.
Guys what is wrong with CTS? They have a defined resource..they will get over 10 million once the oppies are converted. I have been researching them. Is PERU usually a no go zone? Political troubles?
Chris, I think the management is a bit illusive. I cannot find them, and never return a call. I back it with a few just in case. Maybe you get lucky,can ask about targeting production in 2007, and other questions, such as location (highland), mineralogy, drilling schedule, and fund raise etc.
No political problem yet.
hmmm never heard of CTSwill have to check it up
Does it really matter when uranium hopefuls produce? Its all about the resources you have and the project you have. By all practicalities a few months to a year will separate the U companies at this moment. If your project is not as good and you only produce a little earlier than others, whats the point? The bigger resources u have the more u will be valued!
I've put a couple of bucks each way on this one too. I'm moving to Peru in a couple of months, so will drop in and let you know how it's going.
CTS recently iv heard mentioned by a few big players that are usually in the know.
My girlfriend has just got the job of General Manager South America for Intrepid Travel. I'll just be doing the same thing I do now I think, on a different time zone. CTS's U prospect is not far from Cuzco, the area is in the Andes, but it's actually relatively flat once you're up there. I'll go and visit the mine and let you guys know what it looks like. I'll be there for at least 2 years. Perhaps they'll give me a job.Really?, thats a change in lifestyle!.
CTS recently iv heard mentioned by a few big players that are usually in the know.
Seriously though CTS is my current fundamental U play, seriously undervalued, April should see it re-rated
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?