One thing I noticed is that every South Australian Uranium...

One thing I noticed is that every South Australian Uranium Explorer took a hammering.

AGS down 3.9%
CUY down 16.7%
GIR Trading Halt
MEP (about to float Toro) down 6.5%
MTN Trading Halt
PNN down 11.3%
HMR down 2% (but share price affected by Mega Uranium takeover)

I haven't been able to find one uranium explorer which has a large South Australian Focus that was not affected.

Could it be the South Australian Election in 11 Days.

Its almost a dead set certanty that Labour will get back in.

The South Australian Labour Government actively supports Uranium Mining in South Australia.
It has 3 out of the 4 approved Uranium mines in SA

Which is Olympic Dam, Beverley, and Honeymoon.
Honeymoon is going through trial mining at the moment.

From a political view point having such a pro uranium labour government, can only be good for Uranium mining in Australia.

It will be the South Australian Labour Government that will help push forward uranium policy changes for the Australian Labour Party.

So selling your favourite South Australian Uranium share purely because labour is about to be re-elected, would in my view be rather short sighted.

AGS fell far less than its other South Australian Buddies.

Sell at your own peril

Good news on M2 and uranium drilling, coming very soon.