GREY:STHJF - Post by User
Post by
davidan31on Feb 05, 2007 5:50pm
211 Views
Post# 12166379
competition
competitioncompetitors for stm include pdn,uuu and sxr.you all know where these companies are mining.africa and kazahkstan.regions that are often politically unstable and rife with violence.i own or have owned them at times secure in the belief that uranium is the place to be.however, i have always been slightly disconcerted over the geopolitical risks of owning these said companies.don't think for a second that the world is going to continue on its merry way for the next decade.one russian mechanized division crosses the kazahk border and uuu can kiss your shares goodbye.
stm is undervalued in terms of pounds in the ground.but it is also undervalued geopolitically.its reserves,after all,reside in north america, the home of the free and reasonable.thus, we are eventually going to be accorded yet another premium once the americans learn of stm.