curra well another degrussa?, page-13

probably a bit of both.. good chance that some drill results will be out as early as this month (more likely early March) but I'd be waiting for bigger volumes before I was getting more excited about that being the reason. Maybe some punters are getting set now in anticipation of more positive results.

My hunch would be that someone is punting on a win in the court case. The defendant has form in this type of situation and in a previous case I saw it was settled without going to court and in return he ended up getting a bigger share of the pie (I have heard it referred to as greenmailing).

My take on it is that he probably sold too cheap, they've hit another De Grussa and he's had sellers remorse and trying to get more value. It's smack back in the middle to the SFR tenement close to the De Grussa find and early drill results including up to 18% copper suggest there is no reason it couldn't be.

Lets not forget that just after De Grussa THX nudged over the $1 mark (albeit that was pre-Fukushima as well and the U308 price was much higher).

This one will crack 10c very soon. I'm sure the company will be doing everything they can to get the SP to 20c to call in the cash from those options. Another $1m in the bank would be very nice to continue to fund exploration at RB, CW and Pyramid.

I don't think West Aussie is too wrong in talking about the $1 mark again as being achievable in the medium term.