WCU 0.00% 23.5¢ white canyon uranium limited

I have no interest in buying WCU. But perhaps you should read...

  1. 377 Posts.
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    I have no interest in buying WCU. But perhaps you should read your posts again and your PE projections and consider these against the information provided by the company.

    Nothing of what I said should be confusing as its all previously announced. Just follow the bouncing ball.

    The $32/pound cost pretty clearly does not include the toll milling costs as per annual report and presentation.

    Anyway you are free to continue talking it up, i'll wait for the actual results from the company now. I gather they will happily disclose what they receive in revenue, I wonder if they will disclose their margin after all costs are considered to demonstrate their viability (since they have started that this toll milling excercise is).

    I also wonder if their expected return from the 10,000 tonne trial processing was so low that it was really the reason they had to raise the extra $2.5 million (speculation on my part but only because they have failed to disclose their financial return on this ore).

    Good luck, I wish those that have stock all the best. Im simply trying to provide my point of view given some of, what i consider to be, the bold valuation predictions made earlier in this thread.

 
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