Uranium mining in Niger constitutes bulk of Niger's GDP,,past 30 years been mining it.... no issues here...
Areva's U$1.5b high grade uranium project(320mlb @.1% approx, just north of NGM and on the same minerology,will take Niger to number 2 spot in 2010.
NGM is a potential future uranium giant,,that has yet to awaken. Paladin knows and kick started the interest in this company by acquiring a stake recently and then a second munch but with lock in conditions - a likey T/O in the making.
Share price hovering at support level making entry here a no brainer ST/LT imo.
DYOR
NGM Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
