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DRUMMABOY

2,428 Posts.

558

28/08/21

06:45

Post #: 55641666
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Originally posted by V8FAN: ↑

I’ve been keeping an eye on this over last few months as I’m already invested in pdn, dyl and boe for uranium but want a semi educated punt on something with a low market cap and potential if u booms like those in it believe it will. I like the fact that there are people commenting here that have been in the game a lot longer but like snorky123 I was wondering about the permitting side.
I haven’t done a heap of research yet but understand that only 3 company’s have binding rights to mine Uranium in wa due to a change in government with these guys being one of them. Seems to be use it or lose it and people seem a bit nervous on the threads on one of the other company’s that they are cutting it fine. I’m pretty new to investing so any input on how this potentially plays out is much appreciated.

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Hey V8
Your right only a few got permits before the gov change. They tried to rescind but worked out it would coast billions in the courts.
Vimy were getting close to the cut off so sent in a few D9s to build a road. Others will do the same. No use mine building yet. Toe wont let their permits expire either.
Their seems to be alot of accumulatiowaan going on with Toe.. The price seems to be held where it is while the big fish accumulate. I wish my first investment in Toe was .015c and 13yrs later. Saying that...13yrs of gaining knowledge in the uranium sector. It sounds like you have a uranium thesis V8. Might as well own a bit of Toe if your a Believer.

TOE Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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