Yellowcake has been preaching to the unwashed, uneducated masses on HC for a very long time. Kudos to him for his ability to turn knowledge about u into a cash spigot. I have read many of his posts and he has had the gumption to stick to his guns on the topline aussie U stocks. IF he does not like ERN it is because he has a totally different perspective on playing U stocks.
IMHO ERN is a very speculative U play that has all of the ingredients that attract "hot money" (1) tight sharecapital (2) leases in one of the best U provinces on earth (3) radiometric signals on their leases that show extremely large anomalies.
These anomalies may or may not turn out to contain substantial amounts of U BUT in this type of market and with a very small market cap we could run like BMN did when it commenced exploration on its Namibian leases.
These are just differences of investment philosophy. ERN is a spec play and u take your chances. No need to hussle with the resident guru. Good luck to all longs.
Yellowcake has been preaching to the unwashed, uneducated masses...
Add to My Watchlist
What is My Watchlist?