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A few reasons I don't like this one.
First it is in EXTREME debt. The financial situation of this company is disastrous. It's going to be a while before it comes out profitable. Next, this stock has a terrible track record. Very erratic, consistently under-performing.
If you are looking for a similar company with a bit more investability try Mitsubishi Heavy metals ( MHVYF ). Much more stable and not debt ridden.
Sorry to disagree with you on this one but look at the assets that this company has and the long term outlook of Uranium. Sure I agree that this company has more debt than I am keen on but then agaiin with Uranium its all about location, location, location. And this company has it! This company has the highest grade uranium depositis in the world. With chinas expansion of nuclear power the comming 10-20 years, this is the stock you hold on to! Its value lies in the long term.
Alsio cheap uranium is a thing of the past.
Another great exploration company in this region that is promising alot of success is Hathor.