Accumulation Time - Huge Upside Potential, page-7

Interesting comments gents. As we know, there has been considerable M&A activity in the uranium space from the smart dogs. And (arguably), the uranium space isn't a matter of 'if,' its a matter of 'when'.  I'm not usually one for this type of speculation, but I do believe that when the U3O8 price moves past cost of production, companies like PEN with a big defined resource would be prime takeover targets. I just hope that we dont get taken out too cheap.

Anyway, here's a little table i processed via excel. I believe that being in a  period of depressed uranium prices, the best place to look for opportunity is in the balance sheet, and who's steering the ship. The below chart does not include companies with negative net assets. (The Lower the P/B the better). I am looking at loading up more PEN this week, want to accumulate what i can under 30