calm before the storm, page-9

it is useless, imo, to talk about a 'race
to production' of U when considering RSL
and the movement of its' shareprice in the
near term.

there is as yet not even an exploration programme,
and production, assuming they found an economic
resource, is years off and possibly a decade away.
comparisons are unfair, but consider WMT, which
has actually found uranium and has $33,000,000 in
the bank and is sinking gracefully back to its'
market cap of 14 months ago. there are many such
examples...

uranium demand is irrelevant to RSL at this stage,
imo, and its' movement in the next week or so will
be determined by current market sentiment unless an
announcement arrives which excites the market.