big seller big buyer, page-4

What an ideal opportunity to establish a reasonably sized position if you have the cash. That is, 120,000 shares on offer for $1.80. Somebody already snapped up the first 80,000 shares. Since early January 2007 the sp has been in the $1.80 to $2 range most of the time, the vwap during this period has been about $1.95, and the intraday high was $2.33. Hence, with Bahi North results imminent, and the very promising Mkuju project not far away, the volume of shares on offer at $1.80, near the bottom of the trading range, is compelling. Me, I am so loaded with Uranex, I couldn't possibly fit anymore in. Maybe, just one more grape ... lol. If somebody wiped out the remaining 120,000 shares first thing tomorrow, then how much would it cost to buy the next 200,000 shares on offer, a lot more than $1.80 per share, especially if the Bahi North update is released.

Look what has happned with WMT, 8 cents to 45 cents at peak over a 3 month period, and this with very preliminary exploration at best. Then look at MLS today with its very first sniff of uranium, up 28% today alone. With Uranex having $18 million in the bank, as soon as Bahi North and Mkuju crank up the Uranex sp will go off bigtime.