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SittingDuck

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SittingDuck

Re: fringe_remnant post# 302

Tuesday, 08/14/2007 4:05:35 PM

Tuesday, August 14, 2007 4:05:35 PM

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Dines looks at the issue of non-producing juniors in a bullish way. It takes 5-10 years to build a mine so the bigger ones are buying the smaller ones to build up their reserve. It is clear that there's a U308 shortage and that it only get worse in the future. Bigger U308 companies are buying the smaller ones for their deposits, since they can now do it at discounted price.

SD

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