I think the price is just running on sentiment at the moment, I wouldn't worry too much for now. It will probably go back and forth a bit for a while.
Hi 3suns,
The risk on GGG is centered around Greenland politics. The Siumut party (who are pro Unranium)has taken over from the Inuit Ataqatigiit party. GGG sit on a huge uranium deposit but have not had access to this due to Greenland's Zero-Tolerance-policy. The decision over whether this may be lifted could apparently be made on the 24th of October, which would be a major catalyst for the stock. Of course the chance of this happening has already been built into the share price, so if it doesn't happen then the price will plummet.
i have done some research into the politics but not enough to feel confident they will lift the ban yet (so not purchased). I'd be grateful for any info people can provide.
Another one you might want to look at is Toro Energy. They are planning to produce in 2016 so could be quite good timing - if Uranium prices go up. Again I am not a holder in that either, but interested.
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