Basin Uranium
Posted: Tue Mar 12, 2024 11:55 am
Listened to presentation and people may know i really follow the uranium market. several takes on the company.
1. looked at Mike Blady and other officers and directors background and did NOT see any uranium experience which is disturbing. Sounds like more a financial promoter which is not bad but should surround himself with people with extensive experiene in uranium . He mentione Encore where ceo and chairman have been in industry and are engineers.
2. need lot of money to explore and would prefer to invest with experts in uranium market
3. he is absolutely right that market is in early innings and when it really takes off all companies with uranium in their name will take off.
4. i would prefer companies like encore and global atomic which are ready to go into production and have industry veterans.
5. I noticed a promotional deal recently for 7500/mo and 250k options so think they could spend money better with hiring strong technical people rather than promotion.
6. Their technical adviser does not even mention any experience in uranium but natural resources even though in presentation he said he had uranium experience and is trying to hire more uranium people. They should have been earliest and top people in company.
1. looked at Mike Blady and other officers and directors background and did NOT see any uranium experience which is disturbing. Sounds like more a financial promoter which is not bad but should surround himself with people with extensive experiene in uranium . He mentione Encore where ceo and chairman have been in industry and are engineers.
2. need lot of money to explore and would prefer to invest with experts in uranium market
3. he is absolutely right that market is in early innings and when it really takes off all companies with uranium in their name will take off.
4. i would prefer companies like encore and global atomic which are ready to go into production and have industry veterans.
5. I noticed a promotional deal recently for 7500/mo and 250k options so think they could spend money better with hiring strong technical people rather than promotion.
6. Their technical adviser does not even mention any experience in uranium but natural resources even though in presentation he said he had uranium experience and is trying to hire more uranium people. They should have been earliest and top people in company.