Member Info for refineryQS

Hi, I haven't bothered trying to kick figures around for the copper as yet because at this stage it's all prospective. They may find millions of tons that are viable for exploitation or conversely a minimal amount that doesn't warrant the cash outlay to exploit. It's just a matter of waiting for drilling results, then work out from there.

Not expecting one, they have a steady monthly income from gold and silver (current;y $200k per month and set to increase) and project that they will be cash positive by 2012

I agree it is very boring at the moment, it should pick up when the new financial year starts. So hopefully better next week.

An industry report on the uranium sector by Patersons' senior analyst Simon Tonkin, now being widely circulated in Australia, says that uranium stocks were down by 31% and the uranium price took a 12% hit. "Expect volatility to continue," Tonkin said. "With the majority of new reactor builds coming from China, India, Russia and the United States we believe that the nuclear renaissance will remain intact," Tonkin said. http://www.mineweb.com/mineweb/view/mineweb/en/page72103?oid=123655&sn=Detail&pid=102055

http://www.prnewswire.com/news-releases/copper-assays-at-yuma-king-drill-site-yk-02-demonstrate-continuity-of-copper-mineralization-between-the-yuma-mine-and-big-bars-step-out-drill-site-yk-03-53625577.html

Just found this interesting: 'May 16, 2007 Announced drill results. Highlights include:hole YK01-A: 170.0 ft @ 0.70% Cu,including 6.0 ft @ 1.64% Cu, 519 ppm Mo and hole YK01-D: 18.0 ft @ 0.62% Cu, 434.5 ppm Mo. February 21, 2007 Announced copper and partial molybdenum assay results for its stepout drill program at Yuma King to test for deep replacement and porphyry coppermolybdenum mineralization in the hanging wall of the replacement targets north of the Stryker Fault. Highlights include: drill hole YK02-B which intersected 92 ft of 0.098 % Cu. February 1, 2007 Announced assay results for 2 drill holes drilled at site YK04 at the Yuma King property, Arizona USA. Both drill holes encountered significant thicknesses of copper mineralization above the 0.10% Cu grade cut-off.' http://www.infomine.com/index/properties/YUMA_KING.html

Good morning ember coupled with this: 'Spot uranium price jumps on weekend deals, regains last week's losses' http://www.platts.com/RSSFeedDetailedNews/RSSFeed/ElectricPower/6925672 Things are looking up

http://community.nasdaq.com/News/2011-02/porphyry-copper-the-worlds-most-valuable-deposits.aspx?storyid=58445

Hi, there must be another one out there: http://www.mercatorminerals.com/index.php?cm=investor&ce=stocks&primaryKey=12861 http://www.barchart.com/quotes/futures/ML-WT-A.TO

It might be worth looking at Mercator Minerals Ltd. as a comparison for the future potential of VML. They also operate in Arizona concentrating on copper, gold and silver Mercator current SP $3.630 / £2.26, similar number of shares in circulation

...unless they find a massive porphry copper system in which case this could well turn into another BEM monster multi bagger. GLA

I'm viewing vane in the same way as BEM - 12-18 months minimum. The best is yet to come. It looks pretty certain that there is porphyry copper systems at Yuma King based on historical data. The drilling program is to confirm that, and don't forget that Vane predict that they will be cash positive in 2012. I cautiously predict 20p+ when they achieve that

You're going to have to start polishing your wedding shoes ;)

Good morning fellas Excellent news!! This should really pick things up And a double news day for me (and many of you) with BEM assay results as well. Great start to the day

'In the aftermath of the accident at the Fukushima nuclear plant, German Chancellor Angela Merkel made an astounding political U-turn. She went from being an enthusiastic supporter of nuclear energy to arguing for phasing it out as soon as possible. Many feel her new course is not credible, and it is legally, financially and politically risky...Almost 70 percent of Germans see Merkel's about-face as a campaign ploy, and in Baden-Württemberg, which has been ruled by the conservatives for decades, the shock of Fukushima could cost the CDU/FDP coalition its majority. With the state election less than a week away, the CDU has already lost 3 percentage points to the Greens.' http://www.spiegel.de/international/germany/0,1518,752163,00.html

Agreed, in fact on Friday I was interviewed by a director of an international project management company, heavily involved in the nuclear industry and asked if he thought they would lose any work as a result of Fukushima. He said exactly the same thing. There is no alternative to replace nuclear.

Side of Gas. Is it really an alternative to nuclear? On 2 October 1944, gas storage tanks in Cleveland, Ohio, exploded. The explosion destroyed 1 square mile (3 km2), killed 130, and left 600 homeless. On 4 June 1989, a gas explosion with a strength of 10 kilotons of TNT destroyed two trains in the Soviet Union. On 11 December 2005 there were a series of major explosions at the 60,000,000 imp gal (270,000,000 L) capacity Buncefield oil depot near Hemel Hempstead, Hertfordshire, England. The explosions were heard over 100 mi (160 km) away, as far as the Netherlands and France, and the resulting flames were visible for many miles around the depot. 2009 Cataño oil refinery fire On the morning of 23 October 2009 there was a major explosion at the gasoline tanks that was seen and heard from 50 miles (80 km) away and left a smoke plume with tops as high as 30,000 feet (9 km), caused a 3.0 earthquake and blew glass around the city. Extinguished on October 25. Aside from the fact that much of europe would have Russia's hand on the tap controlling their supply

Always nice to see a buyer Good morning

no do you have a link?

Mine isn't showing yet lol and if stays under 3 I'll top up again next week ;)