I only hold a few oppies but I think the risk/reward ratio justifies a punt! Looking at the map of their prospects there looks to be potential definately. It is a uranium hotspot no doubt about this! However there are other issues to consider. The first one that begs asking is if there was that good a potential there and given the time Rio has been in the area, why haven't Rio had a look around. Secondly, water is a very limited resource in this area and something core to the feasibility of the in-situ leaching process. Incidently this issue also affects Paladin. Regardless of these issues, good grade strikes or in fact probably any strikes will see the stock go because investors are like bulls at gates for this type of play at the moment. So worth a punt I believe! Good luck!
RTM
reefton mining nl
any thoughts on this one - yellowcake, page-2
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