Ranger deeps approval is not going to be signed until water management systems have been proven to work and that is not going to happen until mid 2013 at the earliest.
Price of U is still very low with no real immediate signs of improving.
Pit 3 cannot be mined until July 2012.
$1.53 price target for Next week for me.
Plenty of time for era to rise in value towards $2 at the end of May to June just now is not the time.
I'm also predicting drops in PDN for the short term.
ERA Price at posting:
$1.67 Sentiment: Sell Disclosure: Held
