GREY:CTPMF - Post by User
Comment by
short_playon Jun 12, 2007 4:30pm
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Post# 12931849
RE: sp 2.64
RE: sp 2.64No.
Company has over $35mm in cash and 95mm lbs of U308.
They will be signing a JV partner shortly for both projects and expect to hire a mining engineering firm shortly.
There was mass confusion on the release of the MMS hosted uranium deposits. This was compounded by the dramatic selloff in the whole sector.
I expect they will add a stronger mgmt team shortly and continue to prove up additional 43-101 compliant pounds along with metalurgical testing of the MMS rock coming to market.
I would be a buyer anywhere under $2.75, its really quite ridiculous and i see it as an excellent opportunity.