re: who is gxb The big U-turn
Friday, November 17, 2006
Nick Byrne's Territory Uranium is set to list on the stock exchange. He says world demand means "some explorers just peg ground - it's like the [late '60s] nickel boom. In the end, there were that many floats and it crashed because there were so many companies straight-out rorting - they weren't exploring at all.
"Uranium will crash - I think a glut of phoney floats will contribute to it and shareholders will lose money. But even if that happens, there will still be a need for uranium. Genuine explorers will survive."
As I said there should be a lot of holes drilled by now. I certainly hope that EXT isn't one of these.
finances, page-88
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