CMR compass resources limited

http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=74139&s...

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    http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=74139&sn=Detail

    http://www.mineweb.com/mineweb/view/mineweb/en/page72103?oid=74087&sn=Detail

    I hope there is enough vision left to take advantage of what is likely to be evolving according to Grigor's timeframe of extreme U-sports opportunity coming up. U really have to be PROACTIVELY prepared to max out the opportunity, not hang around and react too late to miss it like the oxides project.

    Irrespective of what history here, fact remains CMR controls 100% of the Rum Jungle Uranium Field and now effectively has a plant and infrastructure which could easily be converted to U-processing if we believe what has been said in the past.

    I emphasise this U-side cos no-one else surprisingly is and given the previous optimism. Sure survival has instead been the key concern. Can we assume that is no longer an issue, even if we are going to be significantly diluted in "thanks" damn.

    Meanwhile cash remains king IMO as asset deflation phase gathers pace thru 2009 and the last untouched "bubble", the US bond market, comes under scrutiny together with the USDX prob in H2 ... perfecdt storm scenario.

    Short term tho there will probably be enough "terror" manufactured in the world outside the US to ensure a steady INflow of global cash into the US / USDX until the megacon ends ... and probably in a shocking way with the onset of megabear C-5.

    IMBOOC

    PS Davfitz ... a little imagination may see u spotting a possible H+S forming in BHP with both shoulders 24 - 32 range and head the double top 48 or so and if taken at the limits, techno targets "that" 12 bucks call. Given some are forecasting BHP earnings to fall by 70% next year, that too would support such a techno call. On the flipside a break above 35 or so tho would negate the imagination. That 12 is actually the upper limit of an 8 - 12 mega support zone.

    Personal observation / imagination.

    Btw did u see the RARE cosmic line-up of the crescent moon, Jupiter and Venus tonite? One might think DJIA is reacting to it right now.



 
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