OTCQB:UEXCF - Post by User
Comment by
Realstoneon May 07, 2016 7:52pm
143 Views
Post# 24851204
RE:RE:Valuation
RE:RE:ValuationMBT, current infrastructure is important to mining feasability and is probably reflected in share price, but, with NXE's two deposits (and growing) and FCU's multiple smaller deposits (and growing) along with PTU's strike and ALX's upcoming drill program, isn't future infrastructure almost guaranteed? And some of the infrastructure is already there: highway, power.
Also, I'd like to add the obvious: there are only so many investment dollars out there chasing after U exploration stocks. IMO, the whole sector will rise if the spot price starts to get out of the well. I'd also like to point out that the spot price of U3O8 is becoming less relevant to actual long term contract price as time goes on.