Most punters in uranium land will see currently entry levels as...

Most punters in uranium land will see currently entry levels as relatively low risk given U prices are trading at unsustainable levels probably with limited downside and certainly impacting on mine supplies in the short to medium term.

Trouble is there are very few U stocks left to punt on. Certainly none stand out with an Australian focus. They all got swallowed back in uranium boom part 1. Part 2 is coming but how to gain exposure? Laramide to list at some stage on the ASX. I'd be a buyer. Summit Resources should be receiving more attention but the lack of volume is a killer. EMA has an interesting project, Mulga Rock but it seems they have already sold themselves across to the debt engine. Not pretty if the U prices doesn't turn soon for them ...

Disclosure: I own Summit Resources and still think of it as Australia's best undeveloped uranium province.