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Taylor says buy Blue Sky Uranium 2012-09-24 20:43 ET - In the News Jay Taylor, in the Sept. 17, 2012, edition of Gold, Energy & Tech Stocks, says buy Blue Sky Uranium Corp., recently 12.5 cents. This is the first time he has recommended the stock. Blue Sky owns the Ivana, Anit and Santa Barbara projects in Rio Negro, Argentina. Assays from Ivana include 0.75 metre of 1.8 per cent U3O8. At Anit, the company has sampled up to 0.04 per cent U3O8 and 0.07 per cent V2O5. Mr. Taylor says contrary to mainstream media's biased opinion, he is optimistic about uranium. He says the metal's price, recently $47 (U.S.) a pound, could rise to $70 (U.S.) in a couple of years. He expects uranium demand to rise as Japan restarts its reactors next year. However, the editor notes the easy-to-mine uranium deposits have already been exploited, and it will take time to uncover new ones. Blue Sky has an Argentine partner, the Grosso Group, which Mr. Taylor says could guide it through the permitting process, thereby reducing local political risk. The company also has a joint venture partner, Areva, which must spend $3-million to earn a 51-per-cent interest in one or two Blue Sky projects of its choosing. Buy Blue Sky, a potential 10 bagger, with a current market cap of only $2-million |
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| aus der Diskussion: | Taylor says :Buy Blue Sky, a potential 10 bagger, with a current market cap of only $2-million |
| Autor (Datum des Eintrages): | Golfbladerunner (25.09.12 14:44:06) |
| Beitrag: | 1 von 6 (ID:43642924) |
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