Crested Corp. (fka CBAG)

[bliz82]

They recently sold their uranium property to Uranium One for $99 million (USE and CBAG). CBAG will be merging with USE if approved by the shareholders...already approved by the Board of Directors). In the past USE...CBAG and SGM have acquired property and sat on them until gold and uranium started skyrocketing. Recently they've been selling property while getting back the valuable Lucky Jack Molybdenum mine in Crested Butte (which they are working with Kobex Resources and the parent USE. The more I've learned the less I've liked the whole setup. They do a good job of lining their own pockets imo but not so good on shareholder value. The potential is there with any of the USE family but I guess I'll have to see it to believe it. SGM.V might have the best shot long term as they are in the historically rich Motherlode country with their Sutter project. However, that will be longer term as they are still core drilling and getting everything mapped out. I've never been in USE or CBAG myself only SGM. If you look into this...let me know and I can always find out more myself.