Haven't seen any posting reserves of Th, it gets mentioned by a few uranium explorers when they talk about the U/Th ratio ... doesn't seem to be in short supply, it used to be used for mantles in Aladdin kerosene lamps but now there are better alternatives for off-grid lighting ... i think thorium overstates it a bit there in saying it's worthless, but he's right that it is a by-product, and for a pure play the indians could likely supply world needs cheap out of those beach sands ... can't see it getting much interest from any junior, really, this is a pure technology play here, imho
Stock was strong today, in the face of general market flak ... trading in a tighter range, coming to the point of that year-and-a-half triangle pattern, consistently green CMF - stockcharts.com
They've got to get some revenue from somewhere, to get this show on the road ... whether the stock will give us notice when this is about to happen, is the question |
