Best of the Microcaps.....Been following this for a quite bit, waiting for an attractive point of entry and it came not too long ago during the general market dolldrums. I suggest anyone that either follows or is remotely interested in investing in anything uranium related, check this one out. I label it as a Micro cap because it still hasn't achieved junior explorer status, therefore the risks here are still quite VERY high. In other words, not for the faint of hearts of those worried about losing their money.
I follow list of about 30 companies in the uranium sector, and most have done failry well over the last two years or so. They should continue to do well with all the global macro events unfolding before our very eyes in real time. Wit the energy situation in Europe, there's absolutely no choice but to go nuclear and this will push up U308 prices way up. Just a heads up though, this isn't Cameco so don't treat as such if folks invest in here.But risk/reward is extremely inticing at these levels. And the reason why i bought in.
The company iself has some interesting properties, located right in the heart of Uranium country. Should ANY of their exploratory efforts hit anything remotely significant, this could easily 10X from cunrrent levels, possibly even more if the sector heats up. Which i believe it will in the coming year.
My prediction, currently 9 cents cnd and should be double that by mid summer and maybe 0.30-50 by years end. Possbily more if they hit anything interesting on their properties, of which are quite large btw.
GLTA