market is asleep at wheel with ueq, page-3

This is certainly no time to get cold feet.

Thought I had missed this U-boat when directors started buying from its rapid rise 11 to 15 then quickly to 20 before Fukushima hit March last year.

One year later directors were partly underwriting a pro-rata to shareholders at 5 with me putting up my hand for overs too. Crazy. I have been loading up the truck since and first reversal from downtrend has already occurred thru 3.6.

Needs to clear any underwriters' overhang at 5.0 and confirm with pivotal break thru 5.5 and expect this baby to then resume into a longer uptrend fuelled by U-tech demo results (looking real good so far), Cameco's final 4 mill buck tranche, first commercial deal (shld generate annual cashflow at current U-price at abt current market cap for low capex) ... and then we have 3 new (unexpected) exploration programs starting THIS field season for small bucks (Vale freecarry and 2 State Gov co-funded) which might put some real ice on the Phoschem cake come around Xmas.

Add Goldman Sachs' 80 buck call(cf current 50)for 2013 U-price (conservative IMO considering the ACUTE shortages looming from then on) and UEQ represents THE definitive U-play for the visionaries in the coming third primary U-price upwave about to confirm thru 2013.

Reward / risk is at lowest it has been IMO yet so is share price ... creating one of the best mid term evolution plays I can find in any sector in this market.

Hence I have already accumulated a large CORE holding at 5 av this year (from 7 down to 3) and am looking forward to early 2011 repeat 11 - 20 on successful demo plant results and decision to go to FS by end of this year.

I also expect U-price to confirm third primary start and accelerate beyond the first primary high 135+ as reality hits re the SIZE of acute supply shortage building up thru 2013+ with the initial withdrawal of Russian ex-nuke supply at contract end, Afro-fraud with Areva and BHP OD delays. And can u imagine Kazakhstan remains the largest U-producer at abt 30% global total !!! Sulphuric acid by camel train (?) and mau mau risk hey?

If we get our U-tech commercialisation coincident with POU upleg acceleration, then IMO we will be talking UEQ market cap MANY multiples of current over a mid term, with first quantum rerate starting thru 5.5+ pivotal trigger, at which time I will be starting to buy the trading parcels to add to my core.

All personal back-of-envelopes and vision.

Where are you TCG ... can u spot me here ? UEQ is my sole listed U-sector pick (got an unlisted one too) and I aint sparing the pennies here :)