I suggest holders have a look at the URA ETF and how they have been buying up ASX listed stocks that have a decent sized footprint in Uranium such as exploration tenements, they actually buy quite large amounts of shares in such companies.
I have a large holding in ASN and they are mainly a Lithium brine developer with REE holdings, they acquired one Uranium project in Utah quite some time ago, then all of a sudden a year or so latter the URA ETF bought up a large holding on market and are still buying, not cross promoting here but drawing some attention here to what very well may happen, in fact I reckon as exploration steps up here on these Uranium potential projects they will start to buy up big.
I will check each day and update readers if they start to add EMC shares to the URA ETF share holding list.
Watch this space.
EMC Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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