accumulation, page-7

re: what's valhalla worth yellowcake ? They are looking to raise $7-8 million Probs. This is a tough one. But as I have said before they would be well aware of the perils of hiving off the uranium to facilitate a first class dump of the mother ship. Hence the majority retainer. But there really should be a sense of urgency here because the uranium side of the market has deflated (perception that is, not fundamentals). And there is also the risk of a serious market 'correction' (some would argue we have seen it, I believe we ain't seen nothing!). The float is going to be a humdinger because we have never seen and will never see a float with some much uranium on the books. Time is going to tell! I am just spewing I paid $1.20 and $1.30 for my shares!!! Would have been much nicer at 90c. I believe the big boy on the sell side is probably an accumulater. If I owned 1.6 million I'd not be wanting to dampen the party with a big visual offput to liquidating my position. This will be the float of 2005 without a doubt! Unless Mulga Rock is floated this is it!