one of the stocks to own in 2010, page-49

i agree. they are partnered by some of the very big players in the uranium industry. with $10 mill odd in the bank as at the 30th june plus another $5 mill recd since then by cameco they are in very good shape cash wise.
with the phosphate process going very well judging by the 2nd payment of $5 million by cameco plus the highly prospective acreage they own everything seems great.
all the directors have been buying shares on market very recently so you dont get many better signals.
last weeks drilling results showed the following from 1 hole , 12m @ 383ppm U3O8 from 54m1
including 1m @ 3835ppm U3O8 from 55m1
and 1m @ 225ppm U3O8 from 60m1.
must say i dont have a deep knowledge of what the above grades mean however it seems encouraging. anyones comments and knowledge on the above grades would be appreciated. with a mkt cap of a little over $20 mill and loads of cash, plus big partners and highly prospective drilling areas it seems to be very undervalued in my opinion.
im only a amatuer chartist but i also agree that they seem to have broken a long term down trend and all chart signals are very positive.
only my thoughts though and im usually wrong