A post from other board...
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A few comments from Saville on EFR.TO:
"On a separate matter there was very good news from uranium junior
Energy Fuels (TSX: EFR) on Thursday, which the stock market totally
ignored. EFR reported that it had received the final permit for its
Whirlwind uranium mine in Colorado. The company now has two fully-
permitted uranium mines in the US and is poised to move into
production.
EFR has about C$14M of cash and a market cap, at Thursday's closing
price of C$0.43, of C$22M, meaning that it currently has an
enterprise value (market cap minus net cash) of only $8M. In other
words, the stock market is saying that fully-permitted uranium mines
with near-term production capability in a politically secure
location are worth almost nothing. Try to make sense of that."
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