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AugustaFriends

01/20/17 10:07 AM

#379633 RE: chrisand813 #379627

URRE, yes and the they could dilute but lots less shares.. which would have less of an impact on the price.

Sumdude

01/20/17 1:39 PM

#379654 RE: chrisand813 #379627

$URRE you cant look at the dilution as self destructive. whats happened is the neglect of the retail public ignoring one very key fundamental fact about the company.

URRE is not yet a producing Uranium company.

The dilution is the right thing for them to do. There will be a Uranium shortage and as such the added capitol may bring them to production faster to take advantage of the boom.

look at it from the flip side. OPEC in recent years decided to open the oil floodgates causing many smaller oil companies to go under because they cant produce oil at the cost of business. their primary target was Russia, however the entry of Canada the United states and Russia into these markets in the oil boom to over 100+ a barrel saw a boom of new companies similar to URRE is trying to do come into the market place.

unfortunately for OPEC some of the oil cartel is not on board combine that with other streams of fossil fuel energy into the market and you have the opposite occur.

longer term URRE will appreciate. for now others are a better play.