leeway : The size of resource does not make that much difference compared with the cost to produce .More important the funds required to get to production.
Penny dreadful shares can be money down the drain .
It pays to DYOR ,
Check out the history of the management and how much of own money have been invested in the company.
DYOR on Location of the mine, infrastructure , radioactivity in the ore , environmental issues etc etc Progress to date.
When you jumped all the hurdles , ask yourself how many millions of dollars are required to get the company into production .
Avoid guess work.Go on facts not speculation.
Look at the Trade history and find for yourself the reason for current price.
Ask yourself ,what makes this company so special to invest in compared with the hundreds of shares that one can choose from on the ASX.
Good luck.
CUX Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held
