Paleo, and all other posters with insight - I'm asking for your opinion on VMY
Reading the presentation and looking at the chart my first reaction was "Great value for a very low price"
Always when I'm enthusiastic I keep that little devil in my ear which whispers "you just didnt find the snag to it" .... So i was digging a bit, knowing that U-mining is a really sensitive thing.
"Aboriginal Elders Face Off with Uranium Mining Co. in the Australian Outback" - aha, interesting article.
The situation seems to be that a conservative gouvernment granted several mining licences. Conservatives are gone, now local gov. is socialist. They seem not to like U-mining, but cant revoke whats already been granted.
Then I read "unique wildlife" which is usually a code for "its granted but we will find reasons to ban it"
That whole concept of aboriginal rights seems rather diffuse to me - i can not determine if this can prevent a project.
So I'm asking the posters with more knowledge for their opinions.
Thank you in advance
VMY Price at posting:
9.7¢ Sentiment: None Disclosure: Not Held