why wcu is going higher, page-8

The market has missed or ignored this one so far, perhaps its too early yet. Other uranium companies who have not produced yet have laid claims to massive resource finds. Wcu appears not to have gone down this path yet. At the moment JORC resources are approx 1m but look at what has there is down there:

P 9 of Presentation announced on 19/5/2010 says that in the Red Canyon area of the White Canyon district they have identified 3 parallel buried systems of Uranium ore:

1. Maybe-Spook-Bullseye-Royal;
2. Daneros-Lark;
3.Tessy-301; and 4th possibilty
4. Radium King-Sir Snapper.

With drilling, IMO the resource will be huge just from Red Canyon alone.

MesaUranium(not listed on ASX) is working on the theory that there are massive ore bodies buried deep in the folds of the mountains where or near the old mines were. Interesting!!!