This is a Canadian company with a secondary listing here. LAM is...

This is a Canadian company with a secondary listing here. LAM is also listed in a few Uranium ETF's and has 2 Uranium projects here in Australia and 3 others in the US. Westmoreland in QLD is at an advanced stage and one of the largest held by a junior explorer.

With this we don't have to go to another international exchange to buy in to a Canadian based company that can now be purchased on the ASX. It's a CDI listing so a little bit different - there's only 1.1M of their SOI on the ASX representing $875k in value at $0.74. The actual market cap is around $130M. The shares can be sold on the ASX as normal or you can trade them on another listed exchange unlike ordinary shares.

I threw some pocket money on it today to have a play after doing a bit of research in to it. Happy to let it sit in this Uranium bull run which I feel is far from over. Uranium is sitting at $40lb and from what I've read since looking at Uranium at the beginning of the year it needs to be $50lb to be viable to mine. Uranium has plenty of upside, it's nowhere near peaked although expect some peaks and troughs along the way as per normal.

I thought I'd diversify in to another investment not usually available on the ASX that has several projects specialising in one field that has only just begun the bull run.As always DYOR & good luck.