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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: UPTICK who wrote (5438)12/28/2006 10:06:04 AM
From: Tommaso  Respond to of 30247
 
It does sound as if there is some possibility that deep drilling might intersect deposits comparable to those in the Athabasca Basin. Sending drill teams out there across lake ice in winter to start working is certainly an aggressively confident move. It may be many years before any actual mining gets under way; the company may be counting on getting bought out. For the time being and for a long time to come they will be burning equity cash on drilling expenses. I did add back some RSC to my uranium portfolio as a speculation.