This report gained more importance and prominence after the
Bre-X fiasco, where certain company insiders "salted" the
core samples with gold, making a piece of jungle look like the
motherlode.
IMHO, the reason Ucore's market cap is tiny compared to REE,
AVL, MCP etc. is that, despite the many positives about their
property, they haven't yet shown the investing public a large
enough deposit. The 43-101 report will be helpful here.
I think I will open up a new company IPO called
Uranium-a--Plenty. UAP
Initail price .02 Have a
meeting with my congressman and Senator about the company... then
put out a press release on how much potential we have
. Matt or Steve will pick up the increase
volume... How quick do you think we can get the stock
over 1.00?
Thanks...
UURAF small uranium/rare metals massive - volume spike and up ...
Posted by zach06 on 16th of Feb 2011 at 09:09 pm
What's a 43-101 report?
It basically outlines the size
Posted by mp9ca on 16th of Feb 2011 at 09:23 pm
It basically outlines the size of the orebody. I'm not a geologist, so let's have Wikipedia help us out here:
http://en.wikipedia.org/wiki/National_Instrument_43-101
This report gained more importance and prominence after the Bre-X fiasco, where certain company insiders "salted" the core samples with gold, making a piece of jungle look like the motherlode.
IMHO, the reason Ucore's market cap is tiny compared to REE, AVL, MCP etc. is that, despite the many positives about their property, they haven't yet shown the investing public a large enough deposit. The 43-101 report will be helpful here.
thanks...
Posted by zach06 on 16th of Feb 2011 at 09:42 pm
I think I will open up a new company IPO called Uranium-a--Plenty. UAP Initail price .02 Have a meeting with my congressman and Senator about the company... then put out a press release on how much potential we have . Matt or Steve will pick up the increase volume... How quick do you think we can get the stock over 1.00?
Reminds me of the IPO's
Posted by mp9ca on 16th of Feb 2011 at 11:37 pm
Reminds me of the IPO's during the dot com boom. How about Super Hot Internet Technology corp. No assets, but best symbol on the pink sheets :)