BMN 9.13% $1.99 bannerman energy ltd

I agree Rtenn. I am from Canada and I can tell you for a fact...

  1. 112 Posts.
    I agree Rtenn. I am from Canada and I can tell you for a fact that getting a uranium mine into operation is no easy feat. Although we host some very high grade uranium deposits, good luck getting at it. That is why I believe BMN is better value than the Labrador deposit at this time. As I said, the extra $346M that will be required to put the proposed Labrador mine into production (which may take 10+ yrs or may never get into production) is almost 3X BMN's current Market Cap. There is a serious disconnect between current MC and fair value for BMN IMHO. I've said it too many times by now and have decided to put my money where my mouth is and average up as I truly do believe we are looking at a 5 bagger in 1 yrs time (when the market finally wakes up and gives this thing true value). GLTA
 
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