ready to explode, page-13

Hi Drillfix

Yes im confident...however it is frustrating to see a company with soo much 'potential'...note I say 'potential'...and still no news of substance.

I hope something is announced before this GWE float starts trading, it would be quite iironic for URA to float off an asset..for peanuts at that and then get a double whammy of further SP weakness due to no news/secrecy issues/whatever.

May is approaching. The Discovery deal that many of us thought would happen in February...after a further 3 months earlier delay at that, still hasnt been done...ho hum.

Delayed Ukraine developments. Rozna questions and more questions. Uzbekistan is now starting to be mentioned...and as for Kazakhstan well no news on that front apart from the website references.

The danger here for shareholders is the 'roundabout'....several projects that may or may not happen...focus on one...a disappointment..THEN focus onto another one...another disappointment..and so on...round and round and all the while still 'possible' but bit by bit sentiment dissipates...like the halving of the share price as a direct example.

How Rozna took centre stage is beyond me...it wasnt even on stage..let alone in the cast of characters.
It was like producing a Hollywood blockbuster movie with Bruce Willis, George Clooney and Brad Pitt all lined up for the leading role...then out of nowhere a no name appears to take the spotlight that was a bit part player on a midday soapie!!!

Rozna took centre stage as much by accident as by the fact that developments in the slated/promised areas did not eventuate.

Yes im positive about the future. Yes im also disappointed and frustrated that in this u bull market Uran...despite its big moves from very low levels I might add, is still a minnow with a 'relatively' tiny MC for a company speaking to 'several' countries about production opportunities the company was confident about enough to state 'producing in 2007!'

Who else is saying that?

PDN has a couple of mines coming online in the not too distant future.....who else eh?

That very reason is the reason why Uran and even 'longer shots' like CTS for example should be taken a little bit more seriously.

I recall OXR being laughed at when they embraced Laos and a bomb riddled Sepon. Owen Hegarty (Good management again proving its worth) turned it alll around and had the vision to be a relative pioneer.
Isnt that what URan is endeavouring to do?
Is URA any more risky than that?
OXR knew the copper/gold was there...the earlier work had been done....and abandoned.
Familiar?
No difference really in the CIS with Uran. OXR dealing in a communist country. URA dealing with evolving democracies out of a communist regime.

Much difference?

Creating a diversion is one of the oldest tricks in the book.
Is GWE that diversion?
Are the 'several' CIS countries similar?
Is the GWE float the token 'take this for now and be grateful' while we kiss enough CIS butt to grab a deal somewhere...hopefully?

There has been enough macro developments for Uran to push higher.
Uran should be distinguishing itself from a raft of Australian focused companies that are not only hoping to develop their tenements..BUT...also hoping that the political climate allows them to develop them!

So much is spoken about risk in the CIS. What about the risk in 'this' country?!

Wanna buy a company in good ol WA or QLD?

Maybe...maybe not!

SA or NT? Well theres a better bet perhaps...but then theres the 3 mine policy to contend with.

Anyway, enough of a rave from me ...for now ;)