InvestorsHub Logo
Followers 6
Posts 171
Boards Moderated 0
Alias Born 12/19/2008

Re: kipp440 post# 11230

Thursday, 01/08/2009 2:00:44 PM

Thursday, January 08, 2009 2:00:44 PM

Post# of 35744
Fundamentals: Well with CXZ you are investing in uranium which has well documented supply/demand gap issues that are going to get worse and worse based on lack of current/incoming supply stream (production issues like CCJ is having) and the large number of plants slated to be build in China for example. Also, you are getting a nice gold property that isn't talked much about in Golden Promise. I haven't done DD on Target's properties in the USA that are supposedly close to production - I bet someone on the board can better reply.

They have lots of cash, a great land position up in Labrador, and unfairly bunched together with everyone up in that area due to the moratorium and their proxity to the affected areas. You don't have the risk associated w/ other cash-strapped juniors in politically unstable areas .. the value of that can't be ignored. Investing in safe jurisdictions is going to get more and more important as countries look for low-hanging fruit to improve their economies (nationalizing those "evil" western companies is an easy one).

The CXZ story is as good now (perhaps better?) as it was when the company was $4.00/share.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.