Sep 24, 2012
Strathmore Minerals is in an enviable position. The government wants and needs more domestic uranium production and Strathmore is sitting on a number of world class deposits. Right now domestic production is at 4 million tons. Once Strathmore's first project comes on stream, that number will double. Strathmore also has world class partners, including Sumitomo and Korea Electric, so market vagaries are not going to stopo them from going into production. We don't own it yet, but we might. Always do your own due diligence and be careful. Investing in junior miners can be extremely hazardous to your wealth.