warning on 200 billion dollar asx slump, page-28

  1. 2,753 Posts.
    How can ANYONE put a value on a U company that:

    1. MAY HAVE some U

    2. HAS the U, but no permits

    3. HAS the U, but no mill?

    4. OR a combination of the above?

    Add in the huge time frame of 5 or 10 years to go into production and as far as I am concerned all those companies are pie in the sky c r a p o l a with 99% of them not even being around in a couple of years as they run out of capital prior to even producing one gram of U....


    I agree - personally I've already taken profits from the most marginal (GPN and WAS) and am concentrating on maintaining and accumulating the best of the bunch - and I will be taking profits from some of them as well in due course though NOT while the spot U price is still increasing. I'm also diversifying into other growth areas which are likely to do well despite any correction. EVZ is my personal fav at the moment. Got any tips for small caps (no oil or coal shares please)?

 
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