SCX only 2 sellers under 7c. currently 5.7c. could take off on...

SCX only 2 sellers under 7c. currently 5.7c. could take off on any whiff of bigrlyi uranium news (due out mid nov). see below.


SCX has got to be the best value uranium spec on the market. SCX is capitalized at just $2 million ($4 mill fully diluted) but owns a part of the 5th largest JORC proven uranium resource in Australia (Bigrlyi NT, with 2450 tonnes of U308). SCX has owned these 10 uranium leases since the 1970s but everybody seems to have forgotten in the heat of this uranium flurry!

Paladin resources which owns 41% of SCXs leases is currently preparing the resource statement which is due out mid to late November (see latest PDN quarterly). PDN owns 41% and is capitalised at $2.8 BILLION. EME owns 54% and is capitalised at $80 MILLION fully diluted. SCX owns the final 5% with a market cap of just $2 mill. what a spec! cant wait till the resource statement comes out. EME already up 25% in the last month in anticipation, and the possibility of a takeover from PDN. SCX is the forgotten gem. How much could that 5% be worth??? potentially LOTS! SCX last week placed a few shares 33% above market price. obviously interest growing!