I am a very long-term sufferer in TOE stocks and note the $12.33b in ground reserves but the grade is nothing to talk home about. Now the Uranium price is US$92 and will probably rise quickly to US$110 if a Presidential Executive order bans the import of U3O from Russia occurs
I am simply hoping for another more robust company to come along and buy them out.---perhaps DYL?
This is clearly the cheapest U3O stock on the market (with a mining license) and it is going nowhere. Yesterday was a prime example where all the other license holders rocketed yet TOE dropped.
The Management has made many mistakes by diverging from targeting U3O this has resulted in massive collapses in SH values which have been masked by a 50 for 1 consolidation. In the same timeframe my BOE is up 400-%, BMN is now running hard and is up 900% and my PDN is up 2400%---that Is what I expect from a bull market
All this is simply IMHO and I suggest you DYOR without using emotion and excitement to make decisions
TOE Price at posting:
44.0¢ Sentiment: Hold Disclosure: Held
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