I think it would help SMM because they have significant uranium experience on their Board. I think there has been a lack of drilling at Valhalla because of problems with Resolute even though they are required to fund half the cost of drilling. What is of greater interest to me and I raised it a couple of months ago is the question of pre emptive rights. With PDN making a bid for VUL I would expect a legal challenge from SMM who surely must be first in line for VUL's 50%. Hope Gerry sees this and comments since he seems to have his finger on the pulse. I have both PDN and SMM but no VUL. Whatever, should be a very interesting time from now on in the uranium exploration sector.
SMM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)