Agree Epsilonel about Somalia, I just cannot understand why you take on such risk when you have Peru which now almost certainly appears to be a valid Uranium resource in its own right.
All I can think of is if Somalia comes off then it must be an amazing opportunity for the amount of risk they are accepting.
Irrespective I am looking at this trade as a high probablity high return based upon some positive news from the Company. My reasoning is the ASX hasn't appeared to have asked questions of the Company, or if they did ,they must be happy with the answers given. And I reckon Peru logically has to see action soon due to seasonal conditions.
Anyhow time will tell and when I buy I will set my stop losses irrespective what happens.
RRS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
