GREY:SXRZF - Post by User
Comment by
Dr.Daveon Mar 28, 2011 7:01pm
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Post# 18352588
RE: RE: A good time to buy and hold.
RE: RE: A good time to buy and hold.
I agree that PDN is entering a SP area that will make it a take out candidate eventually (like UUU was for the Russians). I do have a basic question regarding UUU and it's current and potential value: I've read/heard some analysts' state that UUU has a number of long term supply contracts (like the Chinese) @ $70.00+ , and therefore are sitting pretty vs. the current spot price. On the other hand I have heard from others that UUU is the most leveraged of any uranium company - for good or ill! - to the spot price of Uranium.
Does anyone know which of these is true? The answer obviously impacts the short/medium term fundamental value of the Company.
Many thanks