btv investment in wme, page-2

I know the BTV gold followers dont like the managements move in uranium but you have to look at it objectively - Rossing is one of the great uranium discoveries of the world and Extract Resources its neighbour now has a market cap of $800m or thereabouts. BTV having control over the WME project (via its secured debt) is like having a stake next to Ranger or Olympic Dam. The fact that the market values this investment at a discount to cash just shows how bashed up the sector is. Once normal values return to juniors WME and BTV will get a huge rerating.