GREY:STHJF - Post by User
Comment by
Bobwinson Jun 13, 2007 9:52am
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Post# 12935150
RE: Strathmore in spotlight
RE: Strathmore in spotlightAs the consolidation continues in uranium stocks, I believe that STM will move up in price. Maybe the market hasn't noticed yet but the volume of jt venture deals is starting to crank up. How many projects will STM have moving forward? Each deal commits another junior to millions in development work AND funds STM without further dilution to STM stockholders.
When I first bought STM, I remember reading the mission statement. They had collected all these projects and were going to sell or jt venture them. I think they said when U hit $60/lb, many of the projects became economic. I guess their economic now!
The momentum and recognition of the inventory will build. Bobwins