Sarasota, Fla. (PRWEB) April 26, 2006
StockInterview.com interviewed several top geologists and ISL specialists to help investors better understand how In Situ Leach uranium mining works, and to help investors evaluate how much “recoverable uranium,” may actually be found on a property.
Until now, investors have been led to believe that a company’s market capitalization should be based upon “pounds in the ground.” Issues such as permeability, depth, size of a mineable area, and uranium grades have been given relatively second-tier status. Noted hydrologist and Uranerz Energy Chief Executive Glenn Catchpole told StockInterview.com, “A property’s formation has to have sufficient permeability to make the project economic.” Others interviewed, such UR-Energy Chief Executive William Boberg and Strathmore Minerals President David Miller, agreed on the permeability issue.
The entire feature, entitled “Exploding the Myth of Uranium ‘Pounds in the Ground’” can be found at the Internet news website, StockInterview.com. Visit this webpage for the complete story:
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