BMN 0.37% $2.74 bannerman energy ltd

short sell or negative sentimen, page-7

  1. 1,959 Posts.
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    Who said that Canadians like low grade bulk tonnage uranium deposits.
    They are spoiled and are use to high grade uranium from the Athabasca basin.
    Cameco's Maclean Lake and collasped cigar lake were the highest grade deposits in the world.
    nothing even close.
    About 22% grade.
    Also they have a biase against african stocks in general, with exceptions like PDN.
    In fact since the management has decided against doing any promotion in Canada at all so far, I don't see the reason for even having a listing there.
    Better to stay on the ASX and nambian exchanges.
    They can still raise money without going on the TSX if they have the goods. IMHO.
 
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