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@mbcowboy thank you mr warren..lol
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@PamplonaTrader The reason why the 180 step out is "extremely important" is because they hit shallow alteration... alteration similar to A2 HG subzone. Important also because the alteration is shallow. Not where they were hitting mineralization at depth. This has YUGE implications.
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@mbcowboy I wish nxe would already start drilling.+
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@PamplonaTrader Mineralization previously understood to plunge SW. Possible that the shallow alteration is indicating NE plunging structure? Again... YUGE.
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@Aaron @PamplonaTrader Onto $ptu property?
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@PamplonaTrader Imagine an X with the A2 high grade subcore the center of the X
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@PamplonaTrader No, not onto $PTU property. $PTU a double from here would mean ~$350m capitalization for spitfire? Not sure that's happening.
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@camericd @cole119 - thanks for the recap of yesterday's presentation for us inventors not in the vancouver area.
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@TheBeach @PamplonaTrader, thanks for the insight. Is it a long list of competent explorers that you track or just a few? I like Marc O'Dea and only learned about him because of NXE news release.
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@Treb I guess one day is all the break $nxe buyer(s) can take. They're baaaack.
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@TSXminer Interesting article on Northern Dynasty in today's Globe. Nothing to do with NXE other than then Rio connection, and the Trump effect, but a good read nonetheless. (I don't hold a position in Northern Dynasty.) http://www.theglobeandmail.com/globe-investor/investment-ideas/trump-makes-canadian-mine-explorer-with-zero-revenue-great-again/article33666913/
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@BruceWayne $NXE snapping back, yesterday was the epitome of "Buy the f$#king dip"
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@SASKEXPRESS @TSXminer I held a position in northern dynasty until late summer. On one of those where the 538 website had trump at his lowest odds of becoming president, I sold it. My entire reason for being in it was based on him becoming president. Had a small gain upon exit but nothing of note. Whoops. $NDM
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@Birddog Trump will be good for the military. More specifically, he will be good for the large defense contractors that keep the enormous U.S. military industrial complex chugging along. He's talked about building up America's nuclear arsenal quite openly, even tweeting his new policy in 140 characters or less just a few weeks after winning the Oval Office. “The United States must greatly strengthen and expand its nuclear capability until such time as the world comes to its senses regarding nukes,” he wrote back in December.
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@mbcowboy sounds like NXE pulled out of the VRIC in Vancouver, were suppose to present with FCU. I wonder why
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@teevee @Birddog, hopefully Trump will stop DOD from dumping uranium into spot market. That could get the Russians from doing the same. THEN it would be game on for uranium prices......
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@teevee @mbcowboy, it is unwise to lend any credibility to, or be associated with FCU and it's former used car salesman CEO.
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@TSXminer @SASKEXPRESS C'est la vie. You'll more than make up for it with NXE.
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@Pete Ceo.ca showing exactly 1.00 Billion MC... bravo nxe
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@joegreatwhitenorth Only a used car salesman could come up with two stock symbols that are basically saying F*** U!! Maybe their idea of an inside joke. Very clever. Based on that alone, how do you invest with these guys. $FUU $FCU
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@cole119 https://www.youtube.com/watch?v=ngKT3MIfwpo+ always worth a watch.
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@TheHolyBuyBull If the US is part of the the world and the world coming to it's senses implies less nukes, then how does the US greatly strengthening and expanding it's nuclear arsenal not equate to the world becoming at least fractionally more insane?
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@poolman @PamplomaTrader - I bet you're talking about the red open arrow pointing to the left on that slide depicting the 180m step out holes.
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@PamplonaTrader The shallow alteration is similar to what they are seeing at the A2 H/G subcore.
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@Benedict @PamplonaTrader - in the next slide it refers to Dravite. "Drill hole AR-16-82c2 intersected intervals of strong dravite alteration, and anomalous radioactivity from 195 to 274 m" . Would be helpful if a geologist explains the indicator significance of this.
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@poolman I saw that but didn't recall what it related to, you're steering "we unwashed" to what is important to note!
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@Benedict From Energy Report June 2016: Analyst Rob Chang of Cantor Fitzgerald sees this as big news: "This newly identified area could be a separate mineralized pod from Arrow or an extension that is 180m away from the current known dimensions of what is already a world-class uranium deposit." This discovery "could be the first step to what may be a substantial increase in uranium resources at this world-class project," added Chang. He is particularly intrigued by the alteration zone 230 meters below surface; its intense dravite-rich hydrothermal breccias are "a strong indicator of high-grade uranium mineralization in the area." This zone is a target for future drilling. "This newly identified area could be a separate mineralized pod from Arrow or an extension of a world-class uranium deposit." – Rob Chang, Cantor Fitzgerald
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@TSXminer @Benedict- Dravite is an important mineral in the alteration assemblage resulting from multiple fluid events in the genesis of u deposits. http://www.sciencedirect.com/science/article/pii/000925419400114N
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@TSXminer @Benedict - Dravite seems to be an important alteration mineral in the alteration assemblage resulting from multiple fluid events in the genesis of u deposits. http://webapp1.dlib.indiana.edu/virtual_disk_library/index.cgi/2870166/FID3366/PDF/232.PDF
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From the journal article @TSXminer linked, the mineral Dravite was found in alteration halos around Uranium deposits with fluid inclusions of both sharing similar radiogenic dating and isotopic signatures that indicate they formed from mixing of the same fluid. It is theroized that the mixing of uranium bearing fluids with more modern meteroric waters in fault zones caused the uranium to precipate and form an economic deposit. Therefore presence of Dravite alteration is a possible indicator mineral that uranium is nearby.
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@TSXminer Sorry about the double post!
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@bernardshaw Dravite 101. A common mineral, but when it is found in clay alteration zones (formed when the underground washing machine has been stuck on Rinse cycle) in Saskatchewan's uranium areas, buy shares. End of lesson.
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@Benedict @bernardshaw appreciated
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@Benedict ISO news - https://ceo.ca/index?1d5b94f6a946
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@cole119 Cormark Accumulator still very active, another 350K shares recently @ 3.35
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@oljenks @cole119 appears it was a cross trade. any thoughts on why and what implications it may have?
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@cole119 I don't know how Cormark "gets" these shares but they are all likely going to 1 buyer. Perhaps they have existing smaller holders who are willing to part with some of their shares, and allow Cormark to re-accumulate on their behalf - should they wish to. Cross trades typically mean someone is accumulating a large position. This is also confirmed via "word on the street" from some people I know. The general consensus is less and less shares become available to retail traders. Volatility - especially upwards - will tend to be more likely on "good" news and catalysts. Hang onto those shares!
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@oljenks wonder what effects Trump will have speaking today
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@PamplonaTrader Boring conservative stocks $NXE $TK $CIA *yawn* #stockpickingcontest
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@nobshere Uran goes nowhere for next 10 years SO where do you think NXE goes...only way out is takeover Well if you notice most of those are done when the underlying metal is in a bull--close to a top So $NXE holders good luck mit dat 1
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@Rulingmining Lol A guy just appears out of no where to tell us where uranium is going, I guess we should all sell @nobshere just imparted upon us with his wisdom!
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@Benedict "Well, it's a bull market you know" ;) (for techies = 50 > 200)
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@TSXminer @bernardshaw - Excellent analogy! Love the "rinse cycle" description. As you probably know, dravite is also associated with REE in the Athabasca Basin. I worked on this project in the 1980s: http://publications.gov.sk.ca/documents/310/88052-MacDougall_1990_MiscRep90-4.pdf
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@Benedict @TSXminer thanks for the articles.
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@TSXminer You're most welcome.
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@bernardshaw @TSXminer, anyone gone looking for uranium at Maw Zone?
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@TSXminer @bernardshaw - There was some exploration when it was discovered, I think as a follow-up to an airborne radiometric survey by AGIP back in the 80s. Basically it's a highly silicified block of sandstone that had resisted erosion, consequently rising about 15 meters above surrounding topography . Although it exhibited about 4 times background RA, economic grades of u were soon negated. Imperial Metals had a 10% interest in the property, and came on as operator of a program to investigate the REEs, mainly yttrium and europium. The mineralized zones were hydraulically stripped, mapped, and channel sampled. I didn't follow it much after that, so I don't know about drilling, but eventually it was deemed uneconomic. Btw, there is another REE deposit in the Basin south of Shea Creek that Great Western Minerals worked on...not sure about the presence of dravite in that one.
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@PhotoJ @EvenPrime can I get in on the contest? Just started to get myself acclimated to the site over the last couple months. #stockpickingcontest picks are $CXO.AX $GQC and $TK #SafestStockPickingContest picks are $NXE $FR and $THO Either way, thanks for your efforts!
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