Uranium Moratorium News Storyhttps://www.thetelegram.com/Business/2011-11-04/article-2795788/Uranium-mining-moratorium-can-be-lifted/1
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Looks like opposition to uranium mining is waning, if the mood of the community meetings can be gauged. The uranium moratorium since 2008 in Nunatsiavut has negatively affected a lot of communities who depend on the mining industry for jobs and business.
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Very positive that Paladin, one of the major uranium producers on the planet, owns the Aurora property. They've got the expertise and the cash to build a mine in 3 or 4 years, if the moratorium is lifted this December. They believe there's more than 200 million pounds of uranium at Aurora.
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Altius's 2% royalty could equal 4 million pounds of uranium. At a predicted long-term uranium price of $75 per pound, that's a potential $300 million in future revenue.