OTCQB:UEXCF - Post by User
Comment by
st0ckpickeron May 15, 2004 12:16pm
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Post# 7490892
RE: UEX vs Centerra
RE: UEX vs CenterraEveryone must do as they see fit but I would ask why Cameco is divesting themselves of this assett in a gold bull? I would guess that part of it is political risk. The ex-Soviets states are somewhat of a concern although some such as Georgia are attempting to align with the West. I am not too sure of Krygyzstan but would check into this first. Also look at resource laws as these tiny states can be challenging from a mineral ownership standpoint. Lastly, this spin off is likely to be viewed as a China-Mongolia region play and those have fallen on hard times. That could be a postive from a value perspective as well as a negative as yesterday's news. All in all I will stay with good old Canadian land and drill-bit risk. Good luck.