Extremely bullish on uranium. Will be splitting the company into gold and uranium and this will surface some value in the gold portion. Uranium assets are in Slovakia and are severely undervalued.
Both uranium and gold assets. Increased their uranium reserves threefold, to 50 million lbs., creating a spike in stock price. Should continue to go higher.
Stock pulled back with the fall in uranium prices. Company has both gold and uranium assets. Expect they will separate the two. Good asset play. Deep value play.
(Market Call Minute.) Getting killed with the uranium sector right now. The stock is getting killed more than the rest of the group and he would Hold until you find out why.
(Market Call Minute.) Management is sitting on a lot of cash and not drilling out their prospects and there has been a lot of NGO activity in Slovakia.