Ultra Used
What is a reasonable price for a used 2007 Kawasaki Ultra 250X?
Besides, what do you think is the lowest price from a dealer would be used for?
About $ 500 cheaper than a new brand would be my guess.
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On 13 February 2007, Ultra Uranium (TSX: V. ULU) published a technical report 43-101 in Kalnica Selec property in Slovakia, which motivated the actions of the company to fall into a decline which has not yet been recovered. Ray Roland, President and CEO, believes the stock price will be returned once investors make the potential of the property.
"We believe that uranium is far beyond that reported," says Roland. "The recent was indicative 43-101 quality of deposits only to the extent that had been taken during the exploration on the property in the 70s and 80s. "Roland is confident that, once Full Ultra confirmation drilling results and reports of mineralization holes that were not included in February, the 43-101 day, is going to be much more encouraging.
The property, located in Slovakia, there was a considerable amount of work done under the patronage of the government during the 1970s and '80s. With inferred resource estimates instead Ultra is safe, based on previous work, which will have a better basis of recovery in previous programs, which on average only 40%.
Based on historical data only, Ultra estimated that the use of 5,489,727 pounds U3O8 and 3,957,045 t, with an average weighted average 0.053% U3O8 to a depth of 3.4 m above Kalnica, Select and Krajna Dolina areas. However, these historical results were not 43-101 compliant.
When asked if mediocre results into account the decline in stock prices we've seen after the news of February, says Roland, "I think the 43-101 has something to do with it, but also a lot of orders were exercised, there were plenty of low-priced stocks and some investors panicked on seeing the fall prices. So there was a combination of market factors there. We have been telling investors over what to expect, so from our point of view that there were no surprises. We believe that these people return to the market. "
Ultra immediate plans include drilling of confirmation for the company can reveal the test results of many holes of minerals that were not included in the previous report. Roland believes that once other mineralized hole results are confirmed and better recovery factor base, the Ultra will be able to add to the historical results. If that is true, the next report will look much more promising.
Kevin Bambrough of Sprott Asset Management confirmed Ultra strategy: "Our experience is that in the uranium business, and drilling progress properties age, redo the old drill holes with large nuclei, we obtain a better recovery and may show higher grades. "
Roland says they are awaiting approval of drilling permits and hope to start a drilling program in May. When asked if he expects approval the permit, said: "We see no reason why not …" adding that "expect to make in a week or two." What underlies this confidence? Roland explains, "We're going to outline everything that Slovak officials allowed that we plan to do." And when pressed on public opinion in Slovakia, which has not always been favorable in relation to uranium project Tournigan Gold Corp., he said: "Let's be careful that we go and talk to the local people … to make sure they know it will not disturb your environment. "
Dr. Bohumil Molak PhD., Geologist, an independent geologist, qualified person and author Ultra February 43-101, is originally from Slovakia and helped explain the process that Ultra will have to go to obtain permissions necessary critical to continue working on the project. Dr. Molak Ultra saying it should apply for permits for "The District Office for the Environment Ministry and the Office of Mining District," which aims to "conflict of interest with the pipes, electricity transmission and forestry." Dr. Molak also added that there are no conflicts of interest in Kalnica Selec uranium project.
Dr. Molak said local landowners should be consulted and can "ask small [amount] of money to use their way or their property. "Uranium mining can be a sensitive issue for people concerned about health, safety and environment and is more strictly regulated mining of other minerals. Other projects as Tournigan's Uranium have recently met with opposition from environmental groups. Ultra Molak think may be able to avoid interruptions to work with the local community.
"We want to be proactive," he says. "We want to organize community meetings and explain how [the project] will be environmentally friendly and not environmentally friendly at all. Many people can be targeted very favorable for economic reasons. The miners who worked in the project 20 years ago, possibly coming in looking for work in the mine. "
Thus, with a solid game plan and professionals who know the political terrain, geological and historical, Ultra is a good position to receive the necessary permits and proceed with the confirmation drilling to improve the historical data technical report for the company named.
About the Author:
Katherine Young is a contributing writer with the Resourcex Investor, an internationally distributed newsletter specializing in identifying as-yet-undiscovered resource companies representing the best in their class. For more information, visit the website www.resourcexinvestor.com.
Article Source: ArticlesBase.com – Ultra Uranium (tsx: V.ulu) Assays Shareholder Confidence
The Hubble Ultra Deep Field in 3D
