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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 Mar 01, 2016 1:30pm
97 Views
Post# 24609561

RE:The company will release one of two possibilities.

RE:The company will release one of two possibilities. Well the financials are out there now (and not a pretty sight it has to be said) but trading remains suspended "At the Request of the Company Pending News" so there must logically be some more news to come. Possibly a deal has been agreed for financial settlement with the Ministry in Slovakia. There are parliamentary elections there this week so it is possible that there is an embargo on news until the elections have taken place.  The only other possibility I can think of is that there is to be a reverse takeover here to take advantage of the company's stock exchange listing. There have been a lot of them in the UK in the past year and normally that results in an initial valuation which is considertably higher than when the company entered suspension, so my fingers remain firmly crossed.
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