I agree , these are the big three elements at the moment. Gold, palladium , platinum all demanding top prices..Even Uranium is on the up as pointed out by other posters.
It could be argued that Uranium will continue on this upward trend. There are plenty of existing nuclear reactors (400plus) and 50 plus “new technology reactors “currently under construction., coupled with many being planned. There are strong arguments (even cited by Mr Popal) that modern nuclear will be part of the energy mix , if we want to lessen our carbon output. It’s seems to me that old nuclear technology can be compared to 1950’s cars, revolutionary for the time but some what dated when compared to 2020.. The same can be argued for nuclear power ..
If drilling results are positive, I see a lot of upside.
A few dollars in shareholders pockets, which is a win in terms of increased income and dare I say it the paying of tax at this moment where government had injected millions of dollars into the economy .
Same deal with the company, increased revenue equates to a higher taxation, which equates to Epm doing its share for this country.
Positive results , will create jobs, which are especially needed at this time. Give people the ability to earn, support their families and spend in the economy.(Not to mention the positive flow on this has to ones self esteem)
I am hoping that jobs will be created for many Aboriginal people that call this part of country home.. Again on going work opportunities for the local people , the ability to care for extended family members coupled with money being spent in local communities.. Again I see this as a positive..
I am hoping the NLC receives on going yearly funds if this enterprise is successful. Again more money for local communities, further employment creation, coupled with more money that can be spent on health, education and other services.
An increase in export opportunities will result to our trading partners. More money coming into this great country rather than going out..
It seems to me that there is so much upside to truly positive drilling results.
Share the wealth and opportunities with all... Just a thought.
(Trying to put some positive energy out there)
Be kind to yourself, be kind to others.
Regards
Callahan
EPM Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
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