29

I would also like to say that the
immediate problem is that the tolerance whioh
4s being proposed in the A.E.C. regulation
simply can't be met in the mines at the present time.
So what they want is an exemption

to that tolerance and this decision is going to
have to be made and be made in the next month
or two,

Hy own view fe that these tolerances

can be met as a ontter of economics and I

think here is where our responsibility lies,

because I think this industry would not exist
except for the fact thet we need the uraniun,

We set the price, we tell the mine

operators how much we pey per pound of uranium removed from the cround and thet price is

predicated on what we think the cost of oper=
ating those mines cught to be plus a reason~
able profit,

If the cost of operating thoce mines

as determined by us does not rermit adequate

ventilation of those mines, we have to change

the price,

It is ag sicple as that.

DR. ALBERT:

I think there is some

argument as to whether or not the radon levels
can be controlled,

Select target paragraph3