SO4 0.00% 31.0¢ salt lake potash limited

IMHO, It's time to re-load, not sell.First of all, the spot...

  1. 3,731 Posts.
    IMHO, It's time to re-load, not sell.

    First of all, the spot price might rise again this week after rise twice, possibly to $85-90 range.

    Secondly, nothing has changed for WHE for the past few weeks only having seen its share dropped from $2.80s to $2.00s.

    Thirdly, It is well diversified, not only geographically, but also the stage of projects, and method of mining and mineral processing. (Open Pit, Underground, and ISL). They plan to have two operational mines by 2010. I believe there is no more than one or two uranium hopefuls listed on ASX can beat that.

    Of course, you can name the other favorable things, such as management, technical team, large pile of cash, etc, and etc.

    Well, the coal ashes is seriously overlooked project. It could be the killer to uranium boom when people have found it is much easy to extract the low grade uranium than mining underground. But better to be on the killer side to make no mistake.

    If still not convincing you, 100mlb giant to be has plan to listed on TSX and LSE (the main board, not AIM) according to the latest presentation.

    Do a peer study with BMN, EXT, or so, you might have found WHE undervalued already.
 
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