1) Uranium spot price to trend higher as supply from depleted uranium dries up toward 2013; 2) ERA's problems will see it buying in spot market to meet its contractual supply; 3)Gold is bottoming and investors will move from gold to uranium; 4)Uranium seen as next big thing for 2011-see resourceinvestor.com; 5)Demand for uranium increasing from China, India; 6)Huge potential for resource extension and upgrade at Daneros/Lark Royal. Drilling results in Nov 2010 show 8 foot of .22%.This appears comparable to MesaUranium's 17 footer 0.11% find in Lisbon Vally. 7)Thompsons is near Mesa's Lisbon Valley project. 8)Vanadium prospects look good at Thompsons. 9) GDN influence now gone? 10) Low number of shares issued.
WCU Price at posting:
20.0¢ Sentiment: LT Buy Disclosure: Held