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12,454 Posts.
265
04/04/07
09:37
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Nev
Take a look at what the market is doing to CUY ... they will be vying with AGS to be the next U producer
CUY will be trial mining an area of only 300t of uranium & yet have a MC of $100,000,000 (granted they say the target could POSSIBLY be up to 3000t)
What MC would that give AGS with at least 10mill t, no expenses, to mining decision, Beverley infrastructure in place, Heathgate at their side????
I have learned one thing about the market .... it ia ALWAYS right - even when it is wrong!
MTN is a very interesting play ... the cheapest U stock on the ASX ... BUT the market says there must be a reason for this.
AGS is trading at more of a premium, but, is in an uptrend - Dont fight it .... The maket says there must be a reason for this.
And there is......!
cheers
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