friday will be a huge day, page-31

re: australias best uranium discovery in recent ye Geldmangel

Just my thoughts on the following comment:

"when the Resource dot com bubble pops a lot of people will get burnt. Those with real resources will take off even further ... the fight or flight response.
This will probably all take place in 07 at some stage & I pity those caught in the crossfire."

I'm can't see the resources boom 'bursting' like the dot coms did because the growth in China and India places massive demand on our resources.

Plus in the U sector in particular it's not like there's going to be a massive flood of supply hitting the market any time soon (especially diven Cigar Lake prob's), and with Global Warming being such an issue going forward, the demand for U is going to continue to increase.

I think the top "industrial" stocks are very overdone at the moment, but the resources sector should remain strong for a long time yet.

Just the way I see it. Would love to hear your thoughts.