Virginia Energy Resources (TSXV: VUI) has the largest undeveloped uranium resource in the U.S. at 133 million lbs it is impossible for it to remain at a valuation of only $50 million.
Every other uranium stock with a market cap of $50 million has no resources at all and none of them will ever reach anywhere close to the uranium resource VUI has.
Every other uranium stock with a resource similar to VUI is trading at a market cap of $500 million to $1 billion. Coles Hill has a much higher chance of being developed than the uranium projects owned by any companies trading with $500 million to $1 billion valuations.
Coles Hill has the best project economics in the industry with a Net Present Value that is 2.51X higher than initial CAPEX.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.