What marketcap should BLR be if there is $1bill worth of uranium in the ground? How much production would you expect in a year? How much profit? Then multiply a PE factor. Whatever the answers are, once BLR proves up the resource (therein lies the risk) it values BLR at much, much more than $100mill marketcap. Doesn't it?
What marketcap should BLR be if there is $1bill worth of uranium...
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