Emsonder, thank you, I enjoyed reading your post
Guys you may want to go to the RCR website, the latest uranium company report is out - here is an exerpt below...
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Investment Comment:
GGGs focus is on advancing the kvanefjeld project in Greenland. The resource of REE and uranium is one of the worlds largest, with huge exploration upside. A successful Pre-Feasibility Study would provide confidence in project economics, especially regarding mineralogy and metallurgical recoveries, AND BE A STEP TOWARDS POTENTIAL RE-RATING OF GG MKT CAP OVER A$500M (>US$2.5/lb U3O8 resource) MID-TERM.
Recent share price performance has been strong, likely based on anticipation of the PFS and a transfer of mineral rights from Denmark to Greenland (EXPECTED JAN 2010), and increasing awareness of growth potential in the rare earth sector.
Currently, there is a zero tolerance toward uranium mining in Greenland but THE GOVERNMENT WILL ALLOW THE ISSUE OF URANIUM PRODUCTION, AS A BY-PRODUCT OF MULTI-ELEMENT MINING, TO BE DECIDED BY PUBLIC DEBATE. In September 2009, GGG commenced meetings with regional stakeholders, aiming to show how a Kvanefjeld mine would benefit Greenland, and establish further support for a Definitive Feasibility Study in 2010.
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http://www.rcresearch.com.au/documents/uranium/e/0/usa/
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