GREY:SXRZF - Post by User
Comment by
howdy1on Dec 09, 2010 11:56am
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Post# 17823939
RE: FYI Dividend in USD converted to CAD
RE: FYI Dividend in USD converted to CADRE: P/E those are the traditional arguments for the P/E disparity.
However, Cameco feels that DIVERSIFYING into Kazakhstan is something worth bragging about. Check their website under the mining tab. The worries about Russia and Kazakhstan may well be founded but when you look at UUU's growth strategy it is more and more becoming a longer term play that is part of a much more integrated fold. The potential for this company mid term and longer term is huge. Check out
https://rosatomuraniumstrategy.com for yourself.
I guess what you have to ask yourself is this: Are the Kazakhs really going to steal these mines from the Russians and are the Russians really going to treat this potential cash cow as a quick pump and dump? I think not!!