Stock price when the opinion was issued
Sold their Waterbury deposit to Denison Mines (DML-T) and for that they got .355 shares for each of their shares, which is worth about $.47 now. They then made a discovery in the Athabascan basin of high-grade uranium next to Alpha Minerals. Results have been very encouraging. If it’s as good as he thinks it is, this is a pretty good bargain
50%-51% on the joint venture on the Pattison Lake in Athabasca. Have a discovery which is looking very promising. Looks like they may have discovered a very large, high-grade, shallow deposit. Have a lot of cash so they can afford to do a lot of exploration in the area. Very speculative.