Legislation to ban imports of Russian uranium, page-32

Spot on Matt, I know there's a lot of stuff going around about PDN being worth $10 a share in the 2007 boom but when you look at a MC adjusted chart it paints a very different picture.
A lot of the large caps that were around back then actually have market caps now that are higher than what they were in 2007.

Sure the money supply has expanded multiples since then and Spot Uranium could go way higher this cycle with some predicting >250/lb but IMO the 10-20 baggers this cycle will come from the sub 50m MC explorers like GTR.
Even proving up a small 20 million pound ISR resource could see a MC for GTR of 300m if spot hits $150/lb.
They key here will be the strategic location as the US have outsourced there uranium and rare earths and are about to get caught with their pants down.

Check out GLA too, doesn't have the location of GTR but with a 15m MC a Disallowed this cycle could be easily achieved.

Having said all that I still hold PDN, BOE, EL8 & VMY as they don't carry the same risk profile but I don't see anywhere near the same gains coming from them this cycle with the exception of maybe of EL8.