uranium joint venture and exploration update, page-2

Rogues - you might be the only one reading this, but... I have just spoken to Gary Ferris. They have borrowed a rig for the next month and so they think they can get 2 out of the 6 holes done in this time. After Red Dam... they are now wisely targeting their 2 most prospective targets with these two holes. For those who have only just become aware of ITT, go back through previous ann and look at the gravity images - you will see which targets are more attractive. Lake's edge = 4.8 Milligals. VMS's Churchill Dam = 4 Milligals. Although the report suggests results in a month... they should be finished the first hole within the next 2 weeks (all going well) and they will report on the first hole straight away if anything to report. I was a bit miffed as to why they drilled Red Dam first - it looks as weak as piss and in conversations in the past, they knew before drilling that this was their least prospective target. I think they were also waiting for heritage clearance on Lake's Edge as the drill hole was right on the edge of a sacred site - so benefit of the doubt given here. Uranium JV's are going well also... so not just a one trick pony. Next month or 2 could be interesting. Well done to those who stocked up at the recent over-reaction... taking it to 22 cents.