Replies to post #17684 on Value Microcaps Junior Energy

[CPTMatt]

SPUT they're locking it up and throwing away the key. At some point that U308 will go to a productive use but not anytime soon.

I just can't tolerate buying equity on money burning operations or explorers. U308 price may go up or down but it sure isn't going to have a 50% or greater drawdown over the next 12-24mo. Same cannot be said for U companies that have zero FCF