Not the time to throw the baby out with the bathwater. Yes, it has beeen disappointing, some of it the company's own doing, some not. However, the facts are that Minproc is doing well and you can justify the current value of teh stock on it alone. Eastern Creek has been disappointing and as such no one is believing UR3R, more so, the stock is being heavily marked down because of it. Eastern Creek will never be a flyer and best case is that it stops losing money. But what is important to note is that it is not that the process doesn't work, just that the selling price/gate fee price is to low. Lancashire has a gate fee around 3 times that in Australia. Just look at what's happened to the miners here with commodity prices increasing by multiples. GRD has leverage to the resource boom and to the green space /carbon space that's going to grow in importance.
Put this one in the bottom draw and hold on
GRD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
