ValuationIf you go on
www.kitcometal.com just in the middle of the web page there is Matlik ranking on Junior companies.
He rates URZ at 1.3 which is one of the best. I don't understand how he does the rating but for he considers potential revenue over 2010-2011-2012.
All uranium stocks that he rates in the Junior and the senior are going nowhere. You also see his uranium pricing forecat which at 40$ a pd right now needs to be revised!!!
At least URZ looks better than others...
I am just concerned that we lost already 40% SP value very quickly! I was in at 1,80$.
Hopefully August and September will bring back some of it. If we go below 1$ before end of June than maybe I will have to take another decision.
Good luck all
Do your own research