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roscopktrain, This thread "Comparison again" was posted on the...

  1. 307 Posts.
    roscopktrain,
    This thread "Comparison again" was posted on the EXT thread not by myself but others and being praised as well researched. As i have a interest in a lot of U stocks(two of which i hold where used in the comparison)I read through as a matter of interest.
    I offered a simple alternative for valuing a U stock, a quick way of identifying a possible bargain and i used the stocks being compared in this thread.It was offered as another way of looking at things. It was based on resent sales.
    RioTinto sold Kintyre U deposit to Cameco70%, Mitsubishi 30% for $495m US.
    eg $495m for 62mlb = $8.00/ lb
    $495m for 80mlb = $6.20/ lb
    I also thought any info used in comparisons if incorrect should be corrected to benefit all concerned.
    So thanks for your input roscopktrain , im a regular down ramper on you thread now after todays posts. Its hard to keep the sheep happy.
 
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Mkt cap ! $20.72M
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2 1600000 0.9¢
 

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Price($) Vol. No.
1.0¢ 1109800 3
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