GREY:UEXCF - Post by User
Comment by
MegaMAxTZon Aug 31, 2017 9:16am
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Post# 26641167
RE:RE:Orora New Drilling Results CB-117 to CB-120
RE:RE:Orora New Drilling Results CB-117 to CB-120I still believe the bigger market - the capital markets - drives these junior companies and not the drill results. Look at what happened in February of this year. Spot moved mayve a dollar and Pow, look at the volumes and price spike. And this was a small spike compared to historical records.
Regardless of new drill results - and I still say next week we will hear - LBS are already defined in the ground. Even if they do not announce another LB - and this is impossible - when U spot hits over $ 65/LB in 2 years - this is a $ 1.40 + share price. Easy.
Too much money searching for too few Uranium companies. The pile on and piling into this sector will be dramatic. Hang on. And no way this deposit at Orora stops a few meters SW from the big results so far.