NGM ngm resources limited

For newbies,,Uranium mining in Niger constitutes bulk of Niger's...

  1. oke
    4,055 Posts.
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    For newbies,,

    Uranium mining in Niger constitutes bulk of Niger's GDP,,past 30 years been mining it.... no issues here...

    Areva's U$1.5b high grade uranium project(320mlb @.1% approx, just north of NGM and on the same minerology,will take Niger to number 2 spot in 2010.

    NGM is a potential future uranium giant,,that has yet to awaken. Paladin knows and kick started the interest in this company by acquiring a stake recently and then a second munch but with lock in conditions - a likey T/O in the making.

    Share price hovering at support level making entry here a no brainer ST/LT imo.

    DYOR



 
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