It looks like Uranium One might be making a move for PDN by the increase in %. This whole industry is shaping up for TO target but obviously as KEPCO had implied, only those that can still be mine economically at today's low prices will be seen fit as a potential.
That makes a lot of sense because as an investor, a mine has to be economical in hard times even as a supply feed to a related group of companies. Long term supply guarantee is one thing but being economic is the driving force behind EXT purchase IMO. Will wait for the DFS to show how profitable even in these conditions. Grade is KIng
EXT Price at posting:
$7.14 Sentiment: LT Buy Disclosure: Held
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