Show j sullivan sees big growth in area ray sullivan vice president 0 minerals engineering co discussing the outlook of the uranium industry in this area and direct developments from it says most people of the western slope are selling gle g the uranium boom short and said he thought the expansion had hardly started he feels expansion of local fad fact cities will increase many fold during the next frs ars five years and expects to see more and smaller aller widely scattered production mills he lie also predicted mining activities to increase by many times the present pace mr sullivan also said he expects much consolidation of uranium companies which he believes vill will v ill put the Indi industry stry on a more soend basis and keep some of the sn RIler firms from going broke he lie predicted a big population growth for grand junction and other communities as a result of the concentration of 0 energy in the area and resultant influx of connected industries concerning the supply of uranium in the area he said he expected all known deposits to be mined out within five years but believed much more would be located through new methods he ile said in 1949 boring 12 feet deep for the ore was a deep hole but that now boring to a depth of 1400 feet leet Is not unusual lie ile also foresees new methods of digging out and locating the ores however he pointed out that the new methods will probably greatly increase the price of uranium he said he was sure future power production would come cheaply from uranium and that one of the major problems of the next generation would be getting rid of waste products |