WCU 0.00% 23.5¢ white canyon uranium limited

news articles

  1. 845 Posts.
    in todays australian,business section, a nice little piece about uranium and white canyon

    BNP Paribas Fortis Bank from Brussels says that uranium will benefit from the climate meeting in Copenhagen this week..
    the bank says that more nuclear plants will be built to fight carbon emissions, and it sees the price of U308 doubling in 2010 and then going thru $140 lb.

    then it says " there is a fly in the ointment for projects in Australia , being the strong aussie $.

    point in case is the PepinNini Minerals shelving plans for a feasibility study on the crocker well project because of the strong aus$ and weak u308 price BUT then says "look at how WHITE CANYON URANIUM is travelling. its daneros mine in utah is not affected by the strength of the AUS$ and it has started mining uranium. it goes on to say that it had tied down an underwriting agreement for its options and is going to pocket nearly $23m...
 
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