Sunday, April 22, 2007 10:14:53 PM
and I'm not wanting to knock it down, but, imo, I think it's important to look at the Uranium not necessarily as how much we get out of the ground, as much as how valuable the properties may become.
As a holding company, I don't think Russsell is looking to exactly become a uranium mining company. I believe as one option, the company may understand the value of these mining claims, and see great potential in selling them in the future at a much higher price as a total package. I believe that there will be some exploratory mining to show that ore exists and to help place value on the properties. If the company makes some money selling ore as a part of this along the way, this would be a bonus.
Of course this is my opinion based on what my experience is with holding companies AND my belief that the uranium market is becoming a very in vogue investment and what Russell appears to be doing may be very lucretive in the future.
I am very glad that I have made this investment based on the potential I see here. I've already been shopping for my new winders and front door, and put em in layaway.
jmo,
Loofman
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