HaHA some of you guys should do some research they have stated $30/lb cost to get it out of the ground- the margins are there and the average grades have increased since discovering the additional 90 million pound- not to mention the Uranium is close to surface so all in all its very robust - not to mention savvy management
also those who think it will dip under 10c are really grasping at straws. It would only be external factors as this has a 7 billion in ground value- this company is also in the top 10 of largest deposits in the world which is actually mineable unlike others ( actually it is either 7th or 8th largest discovery in the world _)ACB is a giant in the making - nothing quite like it and all infastructure in place and a government who supports their mission- INITIAL STAGE DRAFT OF ENVIROMENTAL STUDIES ARE COMPLETED and have been submitted - 6 weeks to 3 months turnaround. Mining in 2014 -thats the target
MMM
ACB Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held