I am not much of U308 man...so a question to the board: IRNG (pinks)
a vancouver friend of mine has got 1 millions shares of IRNG (Int. Ranger Corp) - that kind of position i have to have a look in.
this is what i can find...
"1.62 million tonnes of uranium ore at a grade of just under 2 lbs/ton." (not compliant) that's about 80 bucks a ton rock - sounds good.
that's about 6,966,000,000.00 bucks worth, give it 10% insitu and it still is 696,600,000.00 bucks. property also has moly and some REE.
59,550,362 shares all out
current price .25
MC = 14887590.5
MC will go 468 times into resource insitu. share price should be about 117 lol.
i can't seem to notice anyone talking about this stock (why?) and why is trading at this value (caz its in BC?)
thanks for you help people!
McB