ONX 0.00% 3.1¢ orminex ltd

much more profitable than pdn

  1. 2,738 Posts.
    Go to this link(at the bottom) .. it's an eye opener and shows how profitable Uranium/gold tailings will prove.

    2 similar companies to MLI mentioned -in the link.

    First Uranium will benefit from a minus $17/lb gold credit and
    Ezulwini .. will benefit from a minus $36/lb gold credit.

    that means first uranium will make a profit of $97/lb at the current U price of $80/lb and Ezulwini will make a profit of $117/lb !!!

    MLI has been very conservative with its pricing and should make more money and end up with a bigger market cap than PDN !

    PDN will be lucky to make $30/lb at the current U price !

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