U Juniors
From: SimplyTheFacts Read Replies (1) of 6768 That's the way I see the game at the moment,if you guys would care to comment I would appreciate much.
Well, you also have a bunch of small cap juniors who have recently purchased or own land with 10 to 20 Mil pounds of Uranium, (Most none NI 43-101 compliant for now) suddenly worth anywhere from 720 Mil to 1.5 Bil IMT, ULU, GEM and UPC come to mind... Here is a look at some of these potentially explosive stocks and their current market caps.
Symbol Market Cap CVV 68 Mil FDC 27 Mil UPC 66 Mil SAN 66 Mil NCR 23 Mil FV 27 Mil BRD 15 Mil WRI 14 Mil IMT 5.7 Mil GEM 77 Mil ULU 19 Mil
Now let's take IMT for example. They just got land with approx 20 Mil pounds of U, worth nearly 1.5 Bil, with a market cap 5.7 Mil.
How about ULU, we don't know how much they may have in the ground, I have seen estimates as high as 50 Mil pounds, some higher. They will be releasing their 43-101 compliant numbers shortly. Let's say they have 40 Mil...That would be 3 Bil worth of U in the ground, for a company with a market cap of 19 Mil.
I believe all the stocks above, (and there are many more) are sitting on an explosive situation if Uranium prices pick up steam. STF
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