CTS contact uranium limited

disappointing...

  1. 398 Posts.
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    New ann out this morning pretty much guarantees that CTS will head south once more. Just when I thought things couldn't get any worse they release this:


    PERU PROJECTS
    Corachapi
    As previously announced, the Company commissioned SRK consulting in Perth to carry out an updated
    resource estimate for the Corachapi uranium project following the completion of drilling and sampling earlier
    this year.
    SRK have advised the Company that whilst they have yet to complete the resource estimate in a form that is
    ready for release to the market and it has not yet been classified according to JORC standards, it is clear that
    the estimated total uranium contained in the resource will be SUBSTANTIALLY LESS than that which has been
    previously published by the Company for the Corachapi project.

    It's time to forget about this one now, perhaps re visit n a few years, if they are still around?

 
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