GREY:SRSIF - Post by User
Post by
wildkydon Feb 23, 2007 1:52am
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Post# 12294608
$10
$10"You're forgetting two things: 1) the steadily increasing price of uranium and 2) that Joe Meatball and Sally Housecoat investors are going to start piling on the uranium stocks like they did gold back in '78-79."
Actually you missed probably the most important point...
1a) Our grades are close to 10x higher than AXU's so far.
This means that there would be a lower cost to mine/lb. of U308 which goes directly to the bottom line which leads to a higher market valuation.
- the Kyd