Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

24 Pages (Click to Jump) V   1 2 3 4 > »    
 
  
Reply to this topic

UNX, URANEX LIMITED
nipper
post Posted: Jun 24 2016, 06:40 AM
  Quote Post


Posts: 6,429
Thanks: 2240


In Reply To: Marana's post @ Jan 30 2014, 01:46 PM

Magnis was a uranium exploration play called Uranex whose hopes had been smashed along with the rest of the uranium sector by the 2012 Fukushima nuclear disaster.

- see MNS thread





--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
Marana
post Posted: Jan 30 2014, 01:46 PM
  Quote Post


Posts: 273
Thanks: 13


In Reply To: Marana's post @ Jan 30 2014, 01:16 PM





To add, Block D is around 2km x 700m

NARC008 is around 2% average grade

NARC009 is around 10% average grade

NARC010 is around 4% average grade

NARC011 is around 2% average grade

NARC012 is around 1% average grade

NARC013 is around 3% average grade

NARC014 is around 1% average grade

NARC051 is around 5% average grade

NARC052 is around 2% average grade

NARC053 is around 3% average grade

NARC054 is at best 3% average grade

A 2km x 700m x 50m deposit is around 175 million tonnes of ore dirt

Since most of Block D is uncommerial, it is very doubtful UNX have found any significant commercial tonnage

The good hole, NADD002, is next to poor holes NADD003 & NARC008 but another good hole NARC009.

Close holes NARC051 and NARC010 are low grade so in the area around good holes NADD002 & NARC009 is around 300m x 300m x 50m = say 10 million tonnes of ore at 10% best case estimate.

However, as the overall results as well as in-hole are so sporadic (inconsistent) in terms of grade, it is doubtful there is a consistent deposit there.
ph34r.gif



--------------------


 
Marana
post Posted: Jan 30 2014, 01:16 PM
  Quote Post


Posts: 273
Thanks: 13


Very ordinary announcement today from diamond drilling (DD), which also released the belated RC drilling results.

14 DD holes over 2 exploration blocks

NADD002 in Block D averaged 27.85m at 8.5%Cg from 3.2m

NADD003 in Block D, 7 metres east & 210 metres north of NADD002, appears non-commercial, with very low grade

the other 12 DD holes in Block C appear non-commercial

54 RC holes drilled, with only NARC028 in Block B, NARC009 in Block D and NARC044 in Block J having any semblance of commerciality, in my personal estimation

imo, success rate from 68 holes = 6%

the overall grade is very low it appears

the market cap of this company at 15 cents is $45m fully diluted (after subtracting the cash from exercise of options)

ph34r.gif



--------------------


 
frodo
post Posted: Dec 17 2013, 05:03 PM
  Quote Post


Posts: 3,051
Thanks: 98


In Reply To: frodo's post @ Dec 11 2013, 09:20 AM

Great stuff grrr.gif bulk of my profits gone in one swoop sadsmiley02.gif shame it came under the radar.

 
frodo
post Posted: Dec 11 2013, 09:20 AM
  Quote Post


Posts: 3,051
Thanks: 98


In Reply To: frodo's post @ Dec 10 2013, 03:49 PM

UNX drilled two holes looking very good for 2014 with plenty more to go.

 
frodo
post Posted: Dec 10 2013, 03:49 PM
  Quote Post


Posts: 3,051
Thanks: 98


In Reply To: frodo's post @ Nov 20 2013, 09:20 AM

Arty have you forgotten about my little UNX perhaps you would like to have a look and tell me if its got sacks of gold waiting to fill my stocking?

 

sentifi.com

Share Cafe Sentifi Top themes and market attention on:


frodo
post Posted: Nov 20 2013, 09:20 AM
  Quote Post


Posts: 3,051
Thanks: 98


In Reply To: ShareScene.com's post @ Oct 24 2011, 11:26 AM

This stock is really doing well the past couple of weeks. Glad I can do something right weirdsmiley.gif

 
ShareScene.com
post Posted: Oct 24 2011, 11:26 AM
  Quote Post



Posts: 4,290
Thanks: 206


Name updated by request.

From: URANEX NL (UNX)

To: URANEX LIMITED (UNX)

Regards,
ShareScene Admin

 
dee27
post Posted: Dec 16 2010, 11:58 AM
  Quote Post


Posts: 3,278
Thanks: 84


In Reply To: landy's post @ Apr 21 2009, 06:02 AM

Running very nicely on recent drilling results and proximity to Mantra! smile.gif



--------------------
From little things big things grow.
 
landy
post Posted: Apr 21 2009, 06:02 AM
  Quote Post


Posts: 1
Thanks: 1


UNX has gained quite well over past weeks, uranium is coming into vogue again


Said 'Thanks' for this post: Fiona  
 
 


24 Pages (Click to Jump) V   1 2 3 4 > » 

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING