re: amohonour... OMS,
Very true it will take EXT around 2 years to construct a mine but remember as investors we are not waiting for the day EXT produces its first batch of yellowcake.
PDN is still 9 months away from its first production however its share price is already at $3.42 and rising.
PDN's share price on September 20, 2003 (2.5 years ago) was $0.014 cents.
We are not expecting the same from EXT, however let's assume the current drilling program proves "U yields" of = or greater than PDN's. is it unreasonable to expect EXT sp to trade up to a range of $0.80 - 1.00 within 12 months?
Cheers
Zackman
retrace or 8 cents??, page-28
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