GREY:ESOFD - Post by User
Comment by
$tarbuxxonPenderon Nov 26, 2013 4:13pm
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Post# 21943645
RE:RE:Why so much skepticism?
RE:RE:Why so much skepticism?
Watch it classact. You are insulting a lot of used car salesmen out there. There will not be a takeover offer until PLS is a lot bigger (assuming back of envelope resource calculations are correct) Nothing is known on metallurgy (or has been disclosed) Go listen to Camecos last conference call, they don`t know who they will sell Cigar Lake uranium to and predict no recovery in U prices til after 2018 at earliest. Japan will not reopen their reactors and U bulls talk about new reactors without mentioning the ones shutting down Closing legacy costs especially in US are unknown but will be huge and ongoing. I predict some US utilities will need massive bailouts to keep the lights on. In 10 years I predict world will have moved to thorium. That said I also predict the only uranium mines left in the world will be in Saskatchewan in the future and PLS has a good chance being one of them. The other reason there will be a glut of uranium is the Dev & Ross team with their boulder finder are going find a couple more "mines" in Fission spinco. How many have Ross found already? 4 he discovered and 3 he co discovered. Cameco should pay him to retire