GREY:SXRZF - Post by User
Comment by
Dave4444on Jan 05, 2006 6:55pm
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Post# 10126576
RE: question for Dave4444
RE: question for Dave4444I like both UUU and IUC, but in my view, both are speculative and have risk and reward. IUC appears to be onto something very good in the Athabasca basin in Canada, while UUU has nice current production and planned expansion. But because uranium is hot at the moment both are trading up. IF you want to know my absolute best resource pick, it is not uranium, but silver. A silver company called Silvercorp SVM-t has an amazingly high grade silver deposit in China, so high grade that the scrap ore from exploration tunneling is paying for all exploration. It is likely to earn $1 per share the first year that mining starts and $2 per share each year thereafter, yet it is unknown and trades at just under $6 per share.