After the weekends announcements re: Uranium and the Three Mines Policy, I believe that it's time for newly listed CUX to run. "After raising $5.67 million through its public offer of 22.68 million shares, Crossland Uranium opened trading on the ASX on 13 April 2007. Crossland has two Northern Territory uranium projects (comprising the Chilling project in the Pine Creek Orogen and the Charley Creek project in the Arunta region of central Australia), and one project in South Australia. Crossland has a joint venture agreement with Canadian company Centram Exploration. The Canadian company will outlay up to $8 million over four years to acquire a 50% stake of Crossland's three uranium tenements. Crossland's experienced team includes non-executive chairman Bob Cleary(former chief executive of ERA, and operations manager of the Ranger mine), executive director Geoff Eupene (formerly Geopeko mine geologist at Ranger) and non-exceutive director Bob Richardson (Geopeko's chief geophysicist during the discovery and development of Ranger). Centram director, David Mosher, will also contribute his experience. Mosher led the exploration team that discovered the Jabiluka deposit."
Get in now, as you are not likely to see the SP much lower than it is now.
CUX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
