CUY will have a uranium mining operation at Oban - it has been an early starter in getting regulatory approvals - the MARP is about the final regulatory box I think - in this area it is still at the forefront of u308 hopefuls. The key regulatory approval it has is Federal government approval, which it got last year. No other company has ths yet - it may well prove to be extremely difficult to get. Bob goes along at his own pace, pretty much ignores the market these days - he has his money in the bank tucked away from last year's placement - CUY will get there, but at its own pace. Who knows, it might well turn out to be good timing as markets hopefully commence some sort of recovery in mid-late 2009
CUY Price at posting:
15.5¢ Sentiment: LT Buy Disclosure: Held