I recommended this at around 0.05 it is now at 0.035. It looks like an insignificant difference unless one has bought a bunch of shares in this company.
I would go to the website www.ibinvest.com to see the latest updates on the company.
I'm putting it on my Long Term List now, but warn there is a HIGH CHANCE of failure in this company due to its low market cap, but the reward could be 10,000% or higher. There are greater and stronger uranium companies than I'm recommending but they are from the thoughts of others. This company is on my long term list because it is a value investment and in the strong sector of mining and I have no idea when this stock will show results. Additionally, the market cap is so small that no newsletter writer will recommend it nor hedge fund will invest in it heavily until there is more results and liquidity from this stock.
Reasons why I like it.
Not an obscure stock since they were featured on the front page of Northern Miner. Management is accessible and open about progress in the company. They have cash. Should have recurring cash flow from a deal that was set in place with Rio Tinto. Have placed themselves on the shoulders of bigger investors by pooling their gold assets with a larger company. Has the potential of finding uranium deposits that are in mineable quantities. Uganda has been an overlooked country in Africa.
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