This ..in part posted by The Barry on ASF ..from Fat PA High...

This ..in part posted by The Barry on ASF ..from Fat P

A High Quality Uranium Situation


Fat Prophets Members will be aware that we have been very careful with our uranium recommendations. Despite there being dozens of uranium hopefuls quoted on the Australian Stock Exchange, we have recommended only three, one of which was Paladin Resources.

We maintain our position that investment in high-quality uranium situations will provide much higher returns for Members than riskier companies.

We recently had the opportunity to travel all the way to Namibia to kick the tyres of one of our other favourite uranium companies. It's this sort of level of research, time, dedication, experience and expertise that we think will ultimately help us pick the uranium winners of today and tomorrow.

Here are some of the things we learnt from our trip to Namibia and our favoured uranium stock…

We were able to gain an even better appreciation of their flagship uranium project's enormous resource potential, and a clear understanding of how the company intends to develop the deposit.

We came away with a better understanding of Namibia. The country is safe from a personal security point of view and secure from a sovereign risk and tenure perspective. In fact, it ranks above Australia in terms of the most secure international destinations for investment.

On our site visit we saw the current drilling program in action and met with and spoke to the company's Managing Director, who confirmed everything was on schedule.

In summary, we came away tremendously impressed with the quality of the company's exploration work so far, and a true perspective of the sheer enormity of the resource potential of its uranium deposit.

The share price is down 47% from its recent high, yet Fat Prophets Members who bought the shares when we first recommended them will still be sitting on a very impressive 193% profit.

But we think that's only the beginning, and only two weeks ago we told Members we are monitoring the stock closely in the coming weeks for an appropriate buying opportunity. With the shares falling 5% on Monday alone, it looks like that opportunity may be coming sooner rather than later.
Sign up today to find out the name of this Namibian uranium miner, and to get access to the 20 or more current buy recommendations in the Fat Prophets Australasian AND Fat Prophets Mining & Resource Reports. I understand I'll get an instant discount of $200, AND get a total of 6 months extra absolutely FREE.