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EUROPEAN URANIUM RESOURCES LTD V.EUU

"European Uranium Resources Ltd is engaged in the identification, acquisition, exploration and, if warranted, development of mineral resource projects. Its projects are Kuriskova Uranium Deposit and Novoveska Huta uranium deposit."


TSXV:EUU - Post by User

Comment by Itsagusheron Jan 16, 2015 12:34pm
111 Views
Post# 23328346

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:On the move at last

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:On the move at lastIt shouldn't really need a big resource upgrade to get this stock moving as there is a clear valuation anomaly between the two companies and sooner of later Mr Market will make the necessary adjustments. It's just off his radar at the moment, but the next news release will put it back in the frame and adjustment will then begin. The smart money will get in before that starts happening, as I have done. Also let's not forget that shareholders here turned down the opportunity to sell the Slovakian assets to FTE in their entirety last year and that would have realised a sale price "equivalent to approximately $8.5 million before assigning value to the production royalty" so they must have thought it was worth more than that, yet just look at the pathetic valuation now. It makes no sense at all particularly when the company has a free carry on exploration costs.
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