GREY:STHJF - Post by User
Post by
ruffedon Jul 27, 2007 11:17am
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Post# 13160536
Management
Managementhas been unlocking value in STM just as they said they would do all along. This JV deal with Sumitomo seems like a very good deal. One of the things that I like about this deal is that we maintain control. Another huge plus in my opinion is that it makes it much less likely that we become a takeover target. This means that STM can benefit from the uranium bull for many years to come. Just hold, sit back, relax and look at the price in a few years. Also, while other junior U companies are diluting their stock, STM's JV partners are putting in 10's of millions of dollars into our properties!