couldnt agree more.
At the U conference they had a lot of companies like Areva and Cameco talking with them about their good ground. that may lead to some JV's at some stage.
The key with the U boom is that there are lots of junior explorers who are not capable nor do they want to take a mine through to production. their exit strategy will be to find it explore it, prove it up and JV or on sell it to the bigger players.
Soon the BP's and Shells etc will be looking to takeover the smaller U players. I cant see them sitting out and watching their oil supplies dwindle and not get on the new oil.
cheers
ps in pre open right now
SIM
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