Sabrina Reid of Scott F. Gibson and Company sent me an email with some good information:
Currently I work with a company which I believe you are familiar with, Target Exploration (TSX.V:TEM). The company released Uranium results this morning from their Sinbad property in Utah.
Highlights of Target’s news include:
0.10% eU3O8 over 1.4 feet (194.5m
-- 195.9m) and
1.07% eU3O8 over 1.6 feet (203.6m
-- 205.2m) in hole SB-07-13 and
0.11% eU3O8 over 1.3 feet
(174.3m to 175.6m),
0.12% eU3O8 over 2.6 feet (177.9m
to 180.5m) and
0.28% eU3O8 over 4.9 feet (181.5m
-- 186.4m) in hole SB-07-14.
We have put together a comparison document (attached) showing how undervalued Target is right now compared to its peer group, based on market cap, resource, shares outstanding, etc.
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