Under the heading of comparison...... EXT 276lbs x $6.00 = $1602m $1602 / 223m shares =$7.00 per share (fair value) My risk factor is @ 50% when looking for a bargain. Risks, 4 yrs till producer No BFS Is this a bear rally. Low volumes traded , liquidity and stops.? I read through EXT slide show last night and EXT has some good blue sky ahead but as i said bargains are bought under current value based on current proven resource. EG PDN in 05 started its run from nothing to $11.00 in 07 and now trades at $4.50 in 09. Also i noticed in the EXT slide show that CURRENT EQUITY RESEARCH has a price target value between $7.50 and $11.50 and EXT is trading in mid range now. Liquidity is a problem at the moment should a number of you want out. 65 buyers today for under 200,000 shares.. Harlee7, ACB has had a nice little run from last weeks entry, a 70% gain. :) But what would someone who doesn't hold know , they haven't done any research. You wear your heart on your sleeve and are passionate, i still think your OK.:) Stayhere, you should have a more detailed look at ACB some of your info is misleading. DEEP ??? Anyway i hope EXT goes to $25.00 plus as that is good for all U3o8 stocks. Stormboy1 DYOR
EXT Price at posting:
$9.24 Sentiment: None Disclosure: Held
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