Uranium Ignites 'Gold Rush' in the West

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Uranium Ignites ?Gold Rush? in the West

By SUSAN MORAN and ANNE RAUP
Published: March 28, 2007 New York Times
LA SAL, Utah ? Given its connotations, Pandora is an oddly inappropriate name for an uranium mine. . . .

?There?s a lot of staking going on,? said Mike Shumway, a 53-year-old Vietnam veteran who owns the contracting business that is working the Pandora mine. ?It?s like the gold rush.?

Mr. Shumway has personally amassed some 100 uranium claims, including four dormant but potentially rich mines. Some of the claims he bought quietly after less tenacious prospectors could not afford to hold theirs during the long drought while uranium was out of favor. Mr. Shumway?s eyes light up and he cracks a grin as he ponders the fortune he now hopes to gain.

?There?s big money in it,? he said as he probed piles of waste ore at Pandora with a Geiger counter. ?What other work do you know of where you can make millions in 30 days?? . . . . . .

If you click on the link and it requires a password - google news with the key words in title will probably show the entire 2 page story. Sue


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stringfrenzy:
Good read thanks for posting.

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outback:
thanks

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