Gold. Drilling to define and extend a Quebec deposit. Everything seems to be very good. Low grade, but are now hitting certain areas that are higher grade.
Uranium stocks are not acting very well since the first of the year. They are acquiring Energy Metals (EMC-T) with shares. Whenever this happens, global arbitragers short the acquisitor and buy the other.
Have uranium deposits in US and Canada but their main deposit is in Australia. Stock has done very badly lately. Partially because of the sector. Still working on getting one Australian project permitted.
Decommissioned Elliot Lake property has about 200 million pounds of very low-grade uranium. If uranium prices stay high, it is probably economical. Have disappointed investors many times in terms of expected production versus actual production. Not a fan.
