As a side note, Maharashta is quite stable, is screaming for electricity, and has numerous incentives to get producers in place. Even if the highly intriguing Kyrgyz deposit falls short of expectations, this project has the scope to bring URO to a market cap measured in the billions if they ever develop the thermal resource they have an option over.
I've picked up quite a few over the last couple of days, but I think I'll wait for market weakness before buying more. There are still a couple of weeks to go until (Lambertus - gotta love that name) De Graaf ships off to Kyrgyz, and I'm not expecting any SP miracles before then. I understand De Graaf has a rig in mind for LC (quite easy to select as the geology is extremely well understood from years of oil drilling), and that we could be hearing news about that reasonably soon, although it may take as long as 1Q08. Bit of a wildcard there, I guess.
Happy hunting buyers...
URO
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