You are right there. I used to own shares up until last year in Silex so i have a small amount of researched knowledge on the company and know Cameco bought into the company big time. It could be as much as 49% by now. Cameco being Canadian which owns other companies that are already involved in the Uranium fuel enrichment game for the sale to clients. Australian companies don't have many options when it comes to business in this field. They have to make a living and that means going to where they are legally allowed to do the work. Not a great deal of help from the Aussie government.
TOE Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
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