YUKON U ~~Accidentally left out Strategic Metals, SMD and also Rimfire RFM, two other important players in the Wernecke region. Strategic launched Twenty-Seven and retains a big shareholding. Rimfire discovered the Yukon properties Fronteer is planning to develop. So Rimfire and Strategic have smaller percentage ownerships but get relatively free rides on the regional U308 play.
Yes, it's a risk, but so is leaving your money in a CD!
I am spreading money around within the natural resources field. For example, a fourth oil-gas, a fourth uranium, a fourth gold-silver, a fourth other mining operations.
I am also diversified geographically. I like the Virginia Gold Camp play in Quebec and own VIA, GG and Everton there.
If the Yukon is a bust, which I sincerely doubt, one of the others will keep me from bagging groceries in my old age, unless I want to just for a break from the old-folks home.
Regards Michael |
