america: the next uranium giant, page-40

Hi orga,

Thanks for the article by James Finch. The evidence and the fundamentals that BLR is in the "Right Place at the Right Time" continues to build for both Uranium and Copper . Time will tell....

Thanks again for the article.

Cheers,

Brantley




http://www.stockinterview.com/News/02162007/Junior-Uranium-Reluctant-Sale.html

Junior Uranium Miners Reluctant to Be Acquired

“We’re NOT for Sale!”
February 16, 2007
By James Finch



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As an aside, we phoned Justin Reid to congratulate him on his brilliant and comprehensive 120-page uranium mining report. We also wanted to thank him for joining the growing minority of analysts who view the numerous advanced uranium exploration companies, developing their U.S. assets, as one of the more promising and safer havens for investors – the dominant theme in our articles over the past year. After all, the United States presently operates more than 23 percent of the world’s nuclear reactors and annually consume about 55 million pounds U3O8. By contrast, U.S. uranium production has only recently risen to about three million pounds of mined uranium oxide. U.S. utilities need reassurance there will be security in future supply so this market remains the premier country for uranium mining production for at least the next decade.//

On Thursday, TheInvestar website reported, “… it must be noted that our uranium index for Canada, as well as Australia, has closed at a record high for the past three days. The juniors are showing strength across the board as well as across continents.” Investors have been phoning their favorite companies, since Monday, asking if the company is on SXR Uranium One’s, or another’s, radar. The record uranium price of US$75/pound has helped enhance the currency of not only the potential acquiring companies, but also those on their menu.//