How Uranium Investors Buy Dollars With Pennies: GoviEx Uranium

I asked Daniel Major, CEO of GoviEx Uranium to come on the show and tell us about the company, their projects and their prospects going forward. GoviEx is one of the best, if not the best positioned Uranium explorer/developer (soon to be producer when the Uranium price runs). They’ve got two permitted projects (Madaouela and Mutanga) along with a highly prospective exploration property (Falea) totaling a combined resource of 200mlbs. What really appeals to me about the company is they’re trading at a fraction of their peer group. This is likely due to the Africa discount that investors seem to be applying to the company, all but forgetting the billion dollar acquisitions done in Africa during the last Uranium bull market. It’s all well and good to have a high grade Uranium deposit in Canada or Australia, but people forget how long those mines take to permit. Most of them won’t see production in the coming cycle, GoviEx on the other hand, is already talking money with the banks and will be ready for construction as soon as the market turns. If you’re looking for a Uranium play, GoviEx should be high on your list of candidates. Oh, and look at the strategic and institutional shareholders if you want to see who else has done some due diligence.

Links:

GoviEx Website

GoviEx on CEO.CA

GoviEx Video