AXT
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0.00% 1.4¢ argo exploration limited

shes gonna shoot up!!, page-22

  1. beforethebounce
    5,156 Posts.
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    25/05/11
    20:31
    Post #: 8451526
    i was just checking out the AXT technical report of 16/11/2006 & noticed that immediately north of AXT's Oak Dam South prospect, and just outside AXT boundary, is a " very large massive oxide body in the style of the Olympic Dam fossil hydrothermal system" called Oak Dam East - "a prodigious, uranium-bearing, massive oxide body".

    http://eprints.utas.edu.au/9048/

    this may possibly explain Xstrata's interest in drilling at Oak Dam South prospect with the first drillhole in their j/v, in preference to other highly prospective zones of interest.

    all speculation of course but food for thought.
    AXT Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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