However, it did rise by 13 cents to $3.59 and investors are waiting for more positive developments.
There are two results to come:
1. The court case concerning another significant parcel of Uranium. If it wins that then it will become one of the biggest U companies in the world.
2. A Jorc resource Update, another plus to come. I can't say when it will appear but I have added to my investment so as to be ready.
All assays, modelling, Jorc updates and BSF's take a lot more time than a couple of years ago because there is not enough skilled personnel to deal with the preparation of reports associated with a massive increase in mining.
Nevertheless, drilling is continuing and I am quite happy with SMM, having got in at a very low value.
So yes, Uranium has produced millioinaires and there is little doubt, it will produce more.
Gerry Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities. Pse take note that at this stage, Qlnd does not allow mining of uranium.
SMM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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