Philarmonic,
I have to say CUU particularly at its current price. Currently 1.1 cents. Formed sept last year quickly rose to 3 cent but it back to 1.1c due to a lull between drilling etc (speccie shareholders are an impatient bunch).
News on drilling should send it back up (any day now), let alone any results on its huge range of tenements.
Its an Uranium explorer with tenements in SA, NT also geothermal prospects. Has bauxite interests in NT which it intends to sell off (other news that won't hurt the sp).
Its major shareholder is the korean giant SKenergy, cashing it with 5million for exploration with another 2 million within 2 years, they have also made it know they intended backing CUU all the way through from explorer up until production (even signing up to purchase at market atleast 20% of any production ie so SKenergy's investment goal is more about suring up future supplies rather then just to investing for quick buck).
Multi bagger potential why? because there is so many fronts where events could occur to send the price up (also noting that the managing director only gets his bonus if the shareprice reaches 20c and stays above that for 60days.....1.1c to 20c even if it only gets halfway thats a 10 bagger).
Cheers
Landslide.
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