SPQ 14.3% 0.8¢ superior resources limited

Uranium, page-7

  1. 4,972 Posts.
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    Yes, Bruham, I think the uranium is not on the SPQ's list at this point in time but it is a handy asset to have for disposal or as collateral for finance. Yes, the gold, nickel and copper are on track for development in the new business cycle and are financed to drill based on previous operations. TOE of course, was struck early by the down turn in uranium for years and was severely weakened. That company is an entirely different kettle of fish, and bears no resemblance in operations to SPQ who is active and financed in a new business cycle.

    Let's examine your logic Bruham. Here is the current TOE price gain since August this year if you bought at the lows, its a 200% gain!!!

    https://hotcopper.com.au/data/attachments/3577/3577599-0497da7879c6fae54f6f383d1b005a48.jpg
    I would be very happy if SPQ did the same thing from the current lows. I think they will because they are drilling into Tier one ground they have previously explored and have a decent ore body of gold at Steam Engine. Obviously they have held back until the timing was right, which I put down to good management operating a lean ship unlike some other companies.

    Are you bringing your logic from CXO, or RNU too? They are doing alright. Why would you bad mouth a stock you hold? Is this the same pattern of behavior you exhibited in RNU this year and then bought in again for another lick? Your sincerity is not lost on me now, Bruham. You have form! You don't deal in facts to give informed opinion.
 
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