ERA 0.00% 0.3¢ energy resources of australia limited

good news for era, page-3

  1. 1,752 Posts.
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    50/50 in short term but 100% in long term it will go to 0.

    2 years is a long time to wait for ranger deeps and the likely hood of a new discovery will just cause a whole lot of other problems. The uranium price continues to drop and the realization that it's just not financially viable to mine uranium any more will soon be realized.

    People of the world don't really want uranium which will keep the price low for years until they invent new safer energy sources and then you will see mines like era become obsolete and the aboriginal's take back their land after the damage we've caused.

    A rally in the short term is likely hence why I advise any holder to get the hell out of the stock and buy on the next drop to $1 because the waves of eras share price are beginning to peter out. Once PDN drops below a $ you will see era quickly follow.






 
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