re: expensive real estate??? lol!!!
Thank you and very well said Westsurf. Your comments would likely summarise those of 95% of U stock holders.
On that note, australian U stocks are probably better left packed in the super fund for awhile. Uranium is definatley the energy choice of the future but will need time (years!) to mature (technology, leglislative, safety, capital raising) before any more mines are operational (let alone profitable).
Just speculation, but in the meantime, we'll probably see more joint ventures approved over the next few years and in particular with the likes of cogema and cameco who already have stakes in ERA.
Perhaps at this point in time, land with Uranium deposits are probably just expensive pieces of real estate???!!!
LOL, wish i had a U deposit in my yard (NOT!!!)
fundamentals take over, page-2
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