OTCQX:BNNLF - Post by User
Comment by
Stormtrooper123on Dec 16, 2010 10:10am
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Post# 17855136
RE: RE: MRL buyout vs. BAN
RE: RE: MRL buyout vs. BANI really think that BAN is going to try to mine this thing. High cost producer but large volumes = attractive when you are selling the Uranium at future prices, not spot ie) 70$ vs $60 spot price.
Uranium will be hot in the coming years and I think BAN is a great company to own. Also, they are going to continue exploring the potential deposits they have found through satellite imaging and hopefully that expands their resource base.
$.56 is a very attractive price and I like the politically friendly environment their land positions are located in.
Hopefully some money will be coming their way in form of a partnership to get things rolling!