CAPITALIZING ON GROWING WORLDWIDE DEMAND FOR URANIUM
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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

  • The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Message: oil continues to climb.... good for uranium?

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oil continues to climb.... good for uranium?

posted on May 28, 08 07:21AM
To my way of thinking, as the world price of oil continues to climb (around $130/bbl), I would think this has to bode well for uranium. As gas/oil/fossil fuels becomes more expensive, people will have to look at alternative sources of energy... ie electricity. For instance if the world should go to electric cars, then how do you think all of this excess demand for electricity will be met? The need for nuclear plants has never been greater and thus the need for uranium. Unfortunately, it is a long term story and you have to show patience and weather the short term dips. imho.

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