TSXV:FCO.H - Post by User
Comment by
tresspaseron May 16, 2016 4:43pm
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Post# 24878551
RE:Rick Rule mention on BNN
RE:Rick Rule mention on BNN"Cameco – Rick again says he thinks another couple years for uranium to recover. He thinks you will be happy in five years from now if you hold the stock
So this was interesting to me based on our 1% stake in Virgin River, and our stake in Kernaghan Lake. Five years from now means: 1 year wait for financing, 2 years build-out, then one or two years and then sell. If Uranium rebounds, and maybe Silver too, then I figure 2020 -2021 will be good years to sell since we are still in a pretty big Cobalt Deficit.