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SUBJECT: Sell-off overdone - BMO Posted By: bobby777
Post Time: 10/12/2007 19:15
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Based on following information from BMO, the sell-off has been way overdone. Should begin recovering quickly! BMO's target remains $20.00
"Uranium One sold off by 11.6% yesterday. We have spoken to management.We understand the following. There was a problem that has been rectified at this time at the Dominion mine. The problem arose with the commissioning of the first autoclave due to corroded valves. The autoclave is now incontinuous operation and commissioning is expected in the near future. An operational update will be published in conjunction with that declaration.Management also reiterated guidance that the company isn't seeking acquisitions at this time. The delay in the autoclave commissioning will likely mean that the feasibility study 2007 production target of 491,000 lb ofU3O8 won't be achieved. The current book of contracted sales stands at 4.8 million lb U3O8 between 2008 and 2012. There are no sales commitments for 2007. The contracted sales volumes are weighted toward the second half of the contract period. Contracted sales for 2008 are for less than one million lb U3O8. As such, we don't expect the company to have to make spot purchases in order to meet these sales commitments, despite the delays in commissioning the first autoclave. Our current production forecast for 2008 is 2.8 million lb U3O8. We will review our forecasts and target price once the company provides its operational update."
....hmmmm - eine offizielle Stellungnahme von UUU würde wohl nicht schaden 
linar 
ich habe übrigens bei den meisten spin offs in die Röhre geschaut, ausser wenn ich gleich nach Ankündigung verkauft habe ![:]](https://goldseiten-forum.com/wcf/images/smilies/pleased.gif "Freude"){kind=small}
