leases, page-2

hi bootleg, cheers for that.

I would like to know what actual "work" has been done, such as soil sampling and drilling. Since none has been mentioned I would think that none has been done. If any field trips actually resulted in positive results I can't see any reason not to say so.

It's pretty hard to supercede the RAB drilling results I spoke of without more RAB drilling.
I doubt they have done anything to supercede the work on the ground I have rehashed.

Some newer information in terms of broad scale surveys have become available "after" much of the ground work. These surveys are used to help identify where to drill which is the generally the ultimate evidence of what is in the ground. Therefore it is hard for a survey to supercede a drill hole. However, it can be helpful when a survey over the same area of a drill hole indicates the possibility of a presence of a material that the drill hole was not assayed for. In this case it is likely to be uranium.

As I have said at the time of the acquisition, some of the leases DO have anomolies in regards to a radiometric survey. This means very little on its own and has to coincide with the right geological setting.

The facts are that there are these radiometric anomolies everywhere. I am also not surprised that there seem to be better quality anomolies on the tenements next door. Also the companies that own the land next door in most cases applied for tenements themselves resulting in the cost of acquiring that land being a very minute fraction of the cost WE AGU shareholders are paying for Amitan. In some cases our acquisition cost is much more than the "Market Capitalisation" of a cashed up company with better anomolies and who are actually doing groundwork.

This should highlight the number one issue clearly which is THE COST. Plain and simple.

The words prospective and proven may be pages apart in a dictionay but in regards to a uranium deposit, or even an exploration lease, they are worlds apart.

Worth $3.18M ????? I'd like to see someone prove that.