Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 GejzaMiazgaon Jun 26, 2015 1:41pm
90 Views
Post# 23872960

RE:RE:RE:European Uranium – Commences Legal Proceedings in Slovakia

RE:RE:RE:European Uranium – Commences Legal Proceedings in SlovakiaYou must be joking, mate :-)

What do you mean by "The money spent on exploration has significantly enhanced the value of the resource"? It is still the same place, the same forest, the same rock no matter how long EUU were drilling there. Slovakia is not interested in mining that deposit since it is located so damn close to Košice and its drinking water sources - you might have forgotten already, but almost exactly 1 year ago (on 15 June 2014) the law banning uranium mining in Slovakia came into force.

As to the "Memorandum of Understanding" - I wrote it before, but let me repeat again: It was signed with the Ministry of Economy, not with the Slovak Government (besides, the man who signed the memorandum is no longer the minister). And it is the Ministry of Environment, not the Ministry of Economy that has the power to make a decision about EUU's REE exploration application. So the memorandum is absolutely irrelevant here.

"Assuming EUU received 50% of that it would be worth over 10 times the current market capitalisation of the company." - this only indicates what kind of beggars EUU are...

Finally, FTE share price is at its all-time historic lows ~0.07p ( https://au.finance.yahoo.com/echarts?s=FTE.L#symbol=FTE.L;range=5y ) - what you present as "shares rose well today" are in fact only very little and unimportant oscillations...

Cheers.
<< Previous
Bullboard Posts
Next >>