RE: New PosterJim, geo risk is not just about location. Native groups in Canada can make it difficult for mining to do business, and they like to move the goalposts from time to time. So, lots of geo risk in Canada, those that tell you different know shiite.
I added to my KRI @ $1.70 recognizing the stock was O/S on the news.
KRI has an in ground 55 million pound resource and a lower market cap than CXX which has 8 million pounds in the ground inferred.
Translation; I get more u308 pounds in the ground from a soon to be producing property at a better price than from an ongoing development co. like CXX that has less in the ground and what is there, is priced higher because of it's market cap.
So I own KRI and would buy more because it will bust through $4.50 before catching it's breath. KRI also trades on the TSX so most institutional fund managers MUST purchase for their indexes. CXX is a venture traded stock, highly speculative and higher risk. It is a nice story with huge blue sky potential. But it is what it is and that is a drill hole play. KRI is therefore a safer buy, more liquid, more uranium, cheaper price and those that tell you different also know shiite and know shiite about protecting downside risk.
Lastly, you need to visit each website, email each co. and then phone each IR Dept and see how your questions and concerns are treated when you contact them. Have you ever tried this when doing research? Those that don't know shiite, so why listen to them. If you still cannot make a decision on what to buy you might consider a fund that holds both and can manage the risk for you. I've bought and added to my KRI and have never owned CXX. You take care and Good Luck!