U3O8 Mining - production - exploration - development
Kazakhstan, South Africa, United States, Australia & Canada.

Message: Update on Kazakhstan Operations

David
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Re: Update on Kazakhstan Operations

posted on Dec 02, 08 05:13AM

This is important as there are two major issues plaguing companies across the board: Access to Credit and Commidity prices.

We all know that banks have really cut the taps on credit available so some companies are having significant problems accessing crucial funding for their operations. I am glad this is not affecting us.

What is in turn hurting the stock price, and we all know this can fluctuate both up and down are commodity prices. With oil at where it is at, this is likely to jeapordize any future exploration projects as investors and bankers alike are less willing to finance a project with future uranium contracts trading at these leves. Once uranium and commodity prices correct, then the above mentioned issues resolve themselves and its back to business (for the stock price as well).

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