uranium

Its amusing that so many observers are concerned whether WA will allow uranium mining or not when there are aussie companies with excellant prospects in jurisdictions where it is not an issue. Paladin is ramping up and has a good resource base (albeit low grade). Wildhorse Energy is in a great position: to supply a domestic market in a low sovereign risk country with reasonably good grades and low costs (ISL). Then there are hopefuls like Royal Resources with an unheralded uranium portfolio in one if the best producing areas in the USA. Can somebody tell me why you'd even contemplate backing explorers in high sovereign countries like Australia and most African countries when companies like these are available?