pre open, page-7

re: jp morgan owns just shy of 10 percent So is the cat out of the bag or JPM is buying for Denison ? If it is then you got to ask why they're buying above $1.10 when OMC directors have already agree to give it to them ?

If Denison is buying to force a compulsory takeover then they're still a long way off. My feeling is JPM is representing another party to buy 10% to block the takeover and making another bid for OMC or forcing for a higher price.

With uranium price jumping higher last week to $72.50 and so many analysts coming out suggesting uranium is the commodity you got to have in 2007. I am so sure we'll get another bid.

It's interesting this holding announcement is coincide with OMC more Uranium Mineralisation has been found announcement.

It's starting to hot up now.