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13,316 Posts.
168
17/12/09
20:31
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It is definitely undervalued if you look at resource per EV basis on comparable stocks...
I am not sure why it is where it is in terms of market cap etc....
But even at this stage I see it as a stock with very high probability to be able to turn itself from explorer to producer.....
With added benefit of uranium sales......I wasn't initially investing for that...but increasingly attractive part of the equation....
Revised JORC and mining study should do the trick in terms of putting the sp where it should be....
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