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Uranium Resources - research shop
graylyn - Thu, 28 Dec 06 :
new_scally or is YOUR!! name Richard Head, If you can not show me where I have said what I am supposed to have stated, then maybe you need the glasses!
"Uranium is I think a good sector to be in over the next few years.
URA are not producing, and at this stage we only have drill results albeit these do show some VERY encouraging results, we can not quantify at this stage just how this will be valued, simply because we do not yet have a clear picture of volume and overall quality, but what we do have are licences which are for properties in areas in Australia that are politically acceptable toward Uranium mining and these areas are known to host Uranium! couple that with the recent FIVE fold Increase in lease prices, a farm in partner, who carries most of the risk and a company valued at under £10m + around £2m+ cash in the bank and I think you have a low entry into what could be amongst next years great performers! always DYOR."
This is my only reference with regard to a valuation, maybe you could enlighten us with your projections?
tell you what if you can give us a valuation when no one at this stage knows the quantity and overall quality then you are really clever Richard.
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