daytrades dec 1 afternoon, page-45

Worth doing some research on A-cap resources (ACB) guys ACB.

Massive leverage to the uranium price and very undervalued at current prices.

* Advance Uranium explorer with 158 million pound JORC resource in Botswana.

* Exploration target of 300 million lb+ with an agressive drilling campaign continuing.

Recent placement at 42 cents with a further 6 million dollar placement offered to share holders at 42 cents - Going to need a pump in the share price to get full acceptance here.

MC currently around 80 million.

gives an ev of just over 50 cents for the the jorc compliant resource of 158 million pounds.

Ridiculously cheap and wont hang around at these levels for long.