| Re: ALZ.V -- Condor, I believe the political problems keep ALZ.V share price low so far. As stated on this board before, West Australian voters have long been loath to allow U mining, their State government (be it Liberal or Labor) won't want to go against the flow, and the Federal Government cannot overrule the State Government's policy. Also, not to forget: West Australia is in the midst of a long, big boom in natural resources (iron, copper, zinc, nickel, gold). Workers are earning very big pay checks, and are difficult to come by (it's impossible to find s.b. to man the counter at a small town's fried-chicken place; they're gone to the mines). Nobody with 2 hands and 2 feet, willing to put up with the rigors of the desert climate, needs uranium for their daily bread. For now. Thus, although even the federal Labor party is leaning toward U now, U mining may not happen in West Australia very soon. |
