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Strategies & Market Trends : Ride the Tiger with CD

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To: Canuck Dave who wrote (89621)8/23/2007 10:09:57 AM
From: koan  Read Replies (1) of 313315
 
CD, do you own any MKO? It is only .11. They own a huge amount of land around BWR's Langlois, inclduing two mines with 5 million tons in situ.

BWr is using them as a subcontractor for exploration around Langlois and has a 50/50 JV on the nearby property.

Langlois will need feed and I expect BWR to keep funding MKO indefinately as well as mill their ore (they hve an agreement in place).

I bought a bunch and am just sitting on it.
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