Another uranium company with a 1/3 M+I resource and grades (ppm), compared to WUC, has a current market cap of $240M.
I was thinking, if mining can resume in 2016 at the Sunday Mine Complex and Ablation can prove it's worth, and both Goviex and Paladin place an order for a 20t unit, and the Pinon Ridge Mill foundations are poured, and Hansen/Taylor gets a mining permit, and the Uranium Price doubles.............maybe
But indeed you are correct we do have a long way to go.
BLR Price at posting:
0.2¢ Sentiment: None Disclosure: Held