5GN 3.33% 14.5¢ 5g networks limited.

re: all aboard .. An interesting proposition BG however they...

  1. 356 Posts.
    re: all aboard .. An interesting proposition BG however they have the money earmarked for boring old things like rapidly developing any oil or gas finds or paying a franked dividend if it's not required.

    The point about Uranium co's is that all of the true believers are in and it is starting to get a bit bubbly. I'm out of them at present until a correction brings a bit of reality back to this segment. The flock to these type of sexy stocks has sucked the oilers dry to the extent that they have become straw hats in winter. Well summer is here in this case and with such a low valuation and such a massive exploration program under way it can no longer be ignored. That's why I'm in and continuing to buy.

    Oil, the new uranium?
 
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