RE:RE:RE:KIV is named among the bestIcarusTrust wrote: makaveliagain wrote:
KIV has a very good asset. One would think at $18 spot and $22 for the lowest cost Kazakistan production costs that bottom must be close. I got involved in this company a few weeks ago, got lucky as it looks as though I may have got in at the bottom. I also like that when I was browsing the SEDI, I noticed this is the only Uranium play that Ross Beaty is a reporting shareholder of. Hopefully they continue to develop the asset and when get a a turn around in the commodity.
You did get in at the absolute perfect time. I see KIV making making big moves too!
I knew it was near the bottom. However, KazAtomProm cutting production by 10% even though I alluded to Kazakistan being too low of prices. I had no clue it would come so quickly. I was honestly looking to pick more Uranium companies near the bottom. We will see if we get a bit of a blowoff. Most the sector is already trying to do financing because they have been starved for cash for so long. I really do hope this is next Palladin if we get a rip your face off bull market. Good luck to all!!!