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@Benedict I went balloon riding a month ago, and we crashed, survived it, scraped the side of a mountain. Well, I had a queasy feeling, but not as much as when I did the Harry Potter ride at Disneyworld the next week... ;)
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@Searunner @BruceWayne. Since you're a geo.... a question from a layman..I was looking at the 2016 regional drilling plan map. The regional drill holes were much shallower than the arrow holes (some only half as deep). Is it obvious by looking at core samples when deciding when to terminate a drill hole? The drilling "up to 2.3 km to the south" ended in depth just as mineralization just gets going at arrow.
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@Speedin The Rock types, structural geology and alteration assemblages interpreted from the core will guide the geologist in deciding whether to continue the hole. If the telltale signs of the target deposit aren't present why keep on spending money drilling a dud? Before starting the whole there should be a model of where the target should be and what will be encountered. A good exploration geologist needs to understand the local geology and deposit formation in order to efficiently explore.
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@BruceWayne @Speedin is bang on
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@teevee If $3.00 does't hold, MAJOR support at $2.25 http://cdn.ceo.ca/1cdbu0a-Screen%20Shot%202017-03-24%20at%209.50.21%20PM.png+
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@Excelsior #RickRule Pre #PDAC 2017 #Mining Stocks on #BNN Market Call MARCH 3, 2017 Rick Rule covers a great deal of ground in this BNN #Video interview (from a few weeks back) on some of the more popular mining companies: $IVN Ivanhoe, $ANF Anfield Gold, $KL Kirkland Lake, $CGP Cornerstone Capital & $SOLG.L SolGold, $PVG Pretium Resources, $NAK $NDM Northern Dynasty, the XAU Index, $DDC Dominion Diamond, Reservoir minerals/ $NSU Nevsun, $HL Hecla Mining, $PAAS Pan American Silver, the #Silver market fundamentals, $CDB Cordoba, $SLW Silver Wheaton, $BGM Barkerville Goldmine, $VIT Victoria Gold, $DPM Dundee Precious Metals, $LUC Lucara Diamond, investing in #Gold bullion, Off balancesheet liabilities and #debt of the US Government, $TV Trevali Mining, $NXE Nexgen Energy, $ALS Altius Minerals, $BTG B2Gold http://www.pennyminingstocks.com/rick-rule-pre-pdac-2017-mining-stocks-bnn-market-call/
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@GEMOIL NXE has three MARS registrations in Saskatchewan plus one for ISO. This is all public information. NXE ENERGY ROYALTY LTD. 3150-1021 West Hastings Street NXE ENERGY SW1 LTD. 3150-1021 West Hastings Street NXE ENERGY SW3 LTD. 3150-1021 West Hastings Street ISOENERGY LTD. 2450-650 West Georgia Street
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@stateside I went a little long on the weekend podcast but some good stuff I think: http://www.statesidereport.com In this episode of the Stateside Report Podcast we take a look back at the week in gold, silver, the base metals and the stocks, we highlight a new TSX-V silver explorer that has an exciting risk-reward profile and then we talk about the press releases from the Canadian junior exploration companies for the past week including Genesis Metals $GIS, West Red Lake Gold $RLG Arizona Silver Exploration $AZS Ximen Mining $XIM Macarthur Minerals $MMS Enforcer Gold $VEIN Kootenay Zink $ZNK Tanzanian Royalty $TNX Columbus Gold $CGT Bonterra Resources $BTR Astorios Resources $ASQ Lumina Gold $LUM Mundoro Capital $MUN West African Resources $WAF Engold Mines $EGM Dios Exploration $DOS Black Iron $BKI Secova Metals $SEK Mariana Resources $MARL Nexgen Energy $NXE Vanstar Mining $VSR Canstar Resources $ROX Salazar Resources $SRL Altitude Resources $ALI Alset Energy $ION We talk gold, silver, copper, lead, zinc, iron ore, coal, uranium and oil.
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@ratzzy777 are all 7 rigs drilling in the arrow area?or some roaming around to different targets?
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@Rulingmining @ratzzy777 I believe they are doing the same 75% Arrow, 25% satellite drilling like last summer.
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@Rulingmining Does anyone know how the weather has been there. We had an unusually warm February in Ottawa. I think I had heard it was warm in Saskatchewan as well. I am wondering if that has slowed the drilling.
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@Quantum The last news release said all winter drilling was within 1km of Arrow
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@Gamblor WOW @rulingmining that's amazing. Let's hope they get that technology approved for commercialization: "The Xe-100 is a 200MWt (75MWe) reactor that takes less time to construct because of factory-produced components. It cannot meltdown and is walk-away safe under any accident scenario without the need for human intervention." "Moving our Xe-100 puts us well on the way to meeting our goal of deployment within 10 years."
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@BenjaminCox This clearly 100% disagrees with my Rio/ $NXE thesis.. http://www.globalminingobserver.com/rio-tinto-uranium-bold-baatar-179
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@nobshere @Allan $NXE beat u to it,,told him not before 18 month last week:)) Now I say not before 2 years
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anonymous Looks like Ben chickened out on his $NXE BET
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@EricTheActor @BenjaminCox, I still find it interesting that Rio poached Andrea Sutton from ERA last week. $NXE
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anonymous $rio trading junk for tier 1. Bottom of the market is a good time to upgrade holdings. $nxe
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@SellHigh Hiding behind anonymous and calling others chicken lol
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@lukejackson I'll take that 18 month wager $nxe
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@BenjaminCox @lukejackson you offering to take my side or the other side, I will take it that $NXE is taken out within 18 months
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@lukejackson Oh I'd take the side of the takeout 100% $nxe
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@EricTheActor How many pairs of socks on the line here on the 18 month $NXE takeout bet between @BenjaminCox and @Allan?
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@lukejackson https://ceo.ca/index?9726c69d0b43 I think he overplayed his hand... as they say. $nxe
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@lukejackson Well I think Allan offered you that bet above. I'm throwing my hat in the ring for the same end - donation to homeless on hasting if I lose. If I win, to the charity of my choice. $nxe
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@dirkdiggler @Allan - still trying to win over the hearts of the $NXE Faithful. Warms the ol cockles ~ 😉
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@lukejackson So we're clear - public announcement of friendly or hostile OFFER. Not acceptance. $NXE
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@JamesKwantes A bit tempted to join the $NXE wager fun but I added some $NXE down here so outta $$$
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@lukejackson I wasn't involved in the initial terms. That's sets it though. GL $NXE
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@JamesKwantes I believe you're wrong on $NXE @Allan but have placed my wagers elsewhere
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@drilltracker A good hedge for Ben would be buying the silver coins now. If you lose (economy tanks and $NXE along with it) you may just have bought Ag at a lower price... and get to keep a coiple of ounces. If you win you have about 6 ounces of silver and a few bottles.
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anonymous is nxe going to be the nxo; get cut in half?
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@255Conquest Your homework for tonight anonymous
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wannabeinvestor Sure seems like uranium mining in Kazakhistan using ISR is very profitable even at current spot prices, at least on cash cost basis. Excerpt from the recent Uranium One annual report: 'According to Uranium One’s financial results for 2016, the total volume of natural uranium produced was to 4,919t . The cost of sales of uranium oxide fell from $12/lb to $9/lb compared with 2015. This was mainly due to lower production costs in the mining joint ventures in Kazakhstan – down from $9.7/lb to $6.4/lb. Total revenue was $570m in 2016, of which $325m was from foreign operations – 34% up on 2015. Operating profit for the year was $180m.' http://www.neimagazine.com/news/newsrussias-uranium-one-may-reduce-production-in-kazakhstan-5771513?utm_source=dlvr.it&utm_medium=twitter #uranium $NXE $CCO
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@ratzzy777 its like dejavu all over again
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@speculator Greenpeace ... the irony
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@investorwannabe Greenpeace, Friends of the Earth, the Sierra Club and other anti-nuclearist organisations are effectively pushing the agenda of oil and gas. have been for decades. sadly their anti-nuclear argumentation is often complete and utter rubbish as the following, slightly dated, story demonstrates https://www.theguardian.com/commentisfree/2011/apr/05/anti-nuclear-lobby-misled-world #uranium
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@investorwannabe Uranium stocks in the green, again
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@investorwannabe Lousy close. Not yet ready to rally.
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@speculator Regarding seasonality, Historically $NXE should have a catalyst for another big run up before summer... even If if its just technical's. Having said that, The weekly chart "especially the MACD and oscillator" are indicating a pullback to the 50 week sma, If that happens, i think it will be very bullish. I must note the weekly RSI is in a lot of support. Fundamentally i think market makers may be trying very hard to float $nxe above $3cad, due to the new market listings ? so that level may not break for sometime.... If at all. Short term $nxe seems to be a puzzle at this point, We all know medium term $nxe is going far higher, so really none of that matters if your patient ... food for thought, none the less.
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@Searunner Odds on drill results tomorrow....
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