Show I Uranium Producers I Organize S To Market Ores Cooperatively i Independent producers of ot vanadium uranium-vanadium ores from over aver western Colorado eastern Caste 1 Utah and northern New Mexico met at Grand Junction Manday Monday Monday Mon Man day and organized a cooperative cooperatives to have charge of ol the marketing of ol their ores arcs mining of which On a large largo scale will soon get under way throughout the area area- To to be known as the Uranium Uranium- Vanadium Cooperative Association lion ion the new concern will act actis as is a 11 bargaining unit in the marketing marketing mar- mar of ores i F. F A. A Sitton of ol Dove Creek was named president resident H. H W W. Baisley of ol Moab vice vice- president I Iland land and John L. L Robison sec secretary secretary- r treasurer On n the board of ol directors directors directors di- di rectors are Mr Sitton Mr Balsey Balsley Balsley Bals- Bals ley ey Mr RobIson A. A C. C McDonald McDon MeDon- ald aid Delta Joe Cooper Monti- Monti Monticello Monticello cello and D. D J J. Demorest head of ol the metallurgical department of ol Ohio State univ university Columbus Columbus Colum Colum- bus Ohio Headquarters of the cooperative Ive tive will be at Dove Creek home tome of Mr Sitton and soon to tobe be e the home of ol Mr Robison The cooperative hopes to Include In In- in- in elude clude on its membership rolls all available Independent producers producers producers pro pro- of ol ores in or order order order or- or der that It may serve effectively effective effective- ly y as a bargaining unit in the marketing of ores Articles of incorporation have 1 been drafted and will be tiled filed at once with the secretaries aLthe othe ot of the he states of ol and Utah Tho The federal government will willbe willbe be the buying unit Negotiations are reportedly In progress be before before before be- be fore the Atomic Energy Commission Commission Com Corn mission in n Washington DC D.C. at athis this his time on a a. price schedule to tobe toe tobe be e offered the producers for their heir ore An announcement as asto asto asto to the price and buying schedule schedule schedule sched sched- ule is expected to be made before before before be be- fore March 17 Capt Philip Leahy western representative of tho the commission has been in Washington the tho past two weeks meeting with the commission and nd he be is expected to return to Grand Junction within the next f few days with all details taUs of ol the buying program The cooperative association n will have lull full authority to negotiate for all members It Is hoped to have the schedule schedule schedule sched sched- ule carry prices for lor the combined com corn content of the theore ore both vanadium and uranium and be based on the price to be paid at the point ol ot production O Officers and directors ol of the association have been prominent ent exit for lor years past inthe in th the carno- carno tie ie Industry and are arc among the largest independent producers i Mr Sitton is probably the the- i worlds world's largest independent pro ducer ol oI earing res ores with extensive properties in the Dolores Dalores river country He lIe has recently acquired another large group of claims Mr Balsley of ol Moab is another another another an an- other large producer and has been bees engaged In the 4 Industry lor for years past both as a producer and buyer Mr Balsley Balsley Balsley Bals Bals- ley is associated with Ray flay A. A Bennett of Denver another another- large producer in the past as principal owners and operators of the Moreno Crip pie Creek Corporation holding in addition to extensive gold i 1 properties a number of important tant uranium-bearing uranium properties In both Colorado and Utah A C. C McDonald of Delta is the owner and operator of ol large mine holdings in the Dolores t i river district D. D J J. Demorest Is secretary- secretary treasurer of ol the Utah Alloy Ores Inc with extensive property property property prop- prop erty holdings in the Yellow Cat 5 district of Grand county lying south and east of ol Thompsons Thompsons- lie He is a pron prominent nent and Is head of metallurgical de department department department de- de ott dL Ohio State sity Joe Cooper of ol Monticello owns an extensive group of mines in the White canyon district dis of ol San Juan county |