Long time before drill results I am researching this , and wanting to buy the stock, but it seems pricey for an explorer.
There is a red cloud presentation available at the Swiss Resource Capital website, it says the resource at Moran Lake isnt factored in so much to the current price.
One of the established well known Uranium producers ceo says there are a lot of promotional type companies out there.
But there is the large holding by Altius , and a big insider buy on Friday.
So i will likely jump in here, But the driling wont take place a while, so when it comes to Uranium , is the preparation, field work etc , something that can provide a catalyst for the stock price ?
Or is it down to the exposure to the Uraniuam price for the time being ?