GREY:PLUUF - Post by User
Comment by
Investtowin99on Oct 04, 2018 2:19am
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Post# 28742594
RE:Any Thoughts On What's Holding This Down
RE:Any Thoughts On What's Holding This DownI think the correlation with uranium is weak at this moment given that the excitement since the end of last year has been all "lithium". Granted, there's 125 million proven pounds of "low-cost" uranium, generating a NPV of 603 million USD (only on 72 million pounds of uranium) which roughly equates to 9,4 CAD per share (a new NPV will most likely strongly improve the economics). As the uranium sector heats up, attention of the investor community should also work its way towards Plateau Energy Metals for the "Macusani-side" of the company.