there is a reason why large players like CITIC get involved with companies before they float....
just look at how Mega and Areva got on board with Northern Uranium on their float...
That thing listed at 20c, and is now at $1.70
Make no mistake about it, SNU has quality tenements in the most pro-uranium mining State in Australia, and it has a major backer which is no coincidence
My bet is that this will open in the mid 50s, get sold down by all the staggers who are just going to pump and dump...
it will then consolidate for a few weeks, before exploding....
same story as NTU.... the main difference though, is SNU has been promoted MUCH better than NTU was....
I will be buying as much as I can handle about 90 minutes after open....
can't wait
there is a reason why large players like CITIC get involved with...
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