The Uranium Report on Laramide (May 2014)"Laramide Resources Ltd. has one of the top resources with over 50 Mlb near surface in Australia, which has now overturned a ban on uranium mining in the district. Now Laramide can go ahead with that Westmoreland project. Laramide has one of the top advanced resources that provides huge leverage for an investor for the uranium price currently at .39 cents USD. For investors who are looking for leverage and for advanced assets, Laramide is a good candidate. There are no candidates in the junior sector that have 100% control of such a superb and large asset. Investors must realize that there are no high-quality junior uranium miners. When investors and funds return in the pivot month of June, the move could be dramatic—like an elephant trying to get through the eye of a needle."
Also, "while Laramide Resources Ltd. is focused on advancing its flagship Westmoreland project, it could achieve a near-term cash flow following the commencement of production at its La Sal project in Utah and from its royalty agreement with Uranium Resources if it begins production at its Churchrock property. Small-scale production at the La Sal project could be launched now that permits have been approved and a toll milling agreement is in place with Energy Fuels' White Mesa processing facility; as visibility on the cash flow generation improves, the company might enjoy a valuation premium that the market normally attributes to producing assets."
Remember,"Laramide's Westmoreland project is the only world-class project that could come into production (possibly June 2014 will signal the start of the process when the Australian government realises that if they want to continue spending aimlessly on social programs for the low income classes, they will need new revenue streams) in control of a junior miner on the North American exchanges (lmrxf/lam). . .the asset has an NI 43-101 resource of over 50 Mlb near surface."
With this type of frank messaging coming from insiders who are more familiar with the matter than most lazy analysts dare to research themselves, and who continue to pick only the low lying fruit (dividend stocks) on Wall and Bay Streets, how can anybody argue with such delicate prose? Again, with all the information i have accumulated through my research, June is the pivot month for the upside breakout and that's only 4 trading days away.
GLTA
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*Always seek advice from a professional and qualified financial advisor before proceeding to purchase any securities on both Wall and Bay Street (lmrxf/lam). And please, never invest monies that should be going to pay your bills and household expenses. There are no guarantees in the stockmarket for anybody therefore we cannot provide them ourselves.