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Bullboard - Stock Discussion Forum Global Atomic Corp T.GLO

Alternate Symbol(s):  GLATF

Global Atomic Corporation is a Canada-based company, which provides a combination of high-grade uranium mine development and zinc concentrate production. The Company operates through two segments: the Uranium Business and the EAFD Business. The Company’s Uranium Business activities presently take place in Niger, Africa. The Uranium Business segment includes four deposits with the flagship Dasa... see more

TSX:GLO - Post Discussion

Global Atomic Corp > Niger Coup
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Post by rockmoney on Jul 26, 2023 8:30pm

Niger Coup

Why am I not surprised? Miitary in Niger just launched a coup, arrested the Presdient, closed all government instituiosn and closed the borders. The risk of investng in this backward and sorry land is incredible. Far safer uranium stories out there than Global Atomic.
Comment by blackwolf25 on Jul 27, 2023 9:02am
I suppose that todays open is going to concern a few shareholders. Uncertainty is not a good thing. How low will it go? 
Comment by rockmoney on Jul 28, 2023 9:37am
Welcome to Niger, which is a border line failed state. If Global was a diversifed uranium player, I could stomach this. But when all your assets are in one place, different story. The risks of oeprating here are incredibly high. But the good news this morning is that Russia's Wagner boss just congratulated the coup leaders. I'm feeling better already.
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