RE: We are not out of the woods yet.Elaela, I myself own shares in EFR and i am a firm beleiver that this will be a very successful investement short or long term. When you have been granted an approval for a Radioactive Materials license by the (CDPHE). It's like winning at the lottery you go and claim you're prize. I would be very surprise to see EFR request a formal hearing.
If you are looking for opportunity i suggest you look at White Canyon Uranium Limited (TSE-V: WU)
White Canyon is a junior emerging uranium miner, that began mining ore in 2009 after receiving the first mining permit issued in utah in 30 years. Denison mines white mesa mill commenced toll milling of white canyon uranium ore on november 1 2010. They have also engaged Denison mines as sales agent for the company's 'yellow cake' concentrate to be sold on the spot market. I am waiting for there first sale which should be pretty soon. By the way uranium spot price is now 69,25$ which is very good news for EFR and WU.
https://www.bloomberg.com/apps/quote?ticker=MFURMDUR:IND
https://www.marketwire.com/press-release/White-Canyon-Uranium-Limited-Initial-Milling-Results-Show-0291-Head-Grade-from-Daneros-TSX-VENTURE-WU-1359500.htm
https://www.whitecanyonuranium.com/uploaded/files/client_added/Final%20Media%20Release%2014oct2010.pdf