are bhp taking a stake

after reading about this stock and watching it trade today it would seem that someone was buying a position today. no selling at all from 7 to 8. looks cheap compared to rivals and may break into double figures next week. also is rated a spec buy below

It's hard to gauge who's got the hottest rocks. Petratherm chief Terry Kallis says there's a need for JORC-style reporting standards which apply to the oil and mining sectors.

Like the uranium sector, it's a seductive game, but picking the early winners and losers ain't easy. We'll try.

Criterion rated Geodynamics an AVOID at 95.5c on January 31 and will still steer clear. This is on valuation grounds (market cap of close to $200 million) and the fact that Geodynamic's site is 500km from the nearest transmission line.

We rate Green Rock a SPECULATIVE BUY, by virtue of its modest valuation ($8.1 million) and because the risks are spread across projects here and in Hungary.

We rated Petratherm a SPECULATIVE BUY at 73c after January's Beach deal and will stick with that. Petratherm has also acquired a tenement in Spain, just outside Madrid, so there's a similar spread of risk.


jack