free call option on hot u

IMO any weakness in THR price will be short-lived and is a last chance accumulation opportunity before the market (soon) wakes up to this baby about to become the hottest smallcap U-play on the market.

Technos are primed for a breakout and "c" confirmation with upside potential in multiples of current and with Molyhill derisking the lot. 6-7 years' worth would have been too small for HNC but their loss is gonna be our gain.

If leaders are to prove Olympian, they may wait for the U to provide opportunity for strategic placement for 50% of the Molyhill capex with the other 50% project financed cos the payback and numbers look very good. Reckon if they play it right, could probably do so with capital expansion of no more than 20% which IMO is better than giving away 50% of it. THR in the hands of Olympians would be sitting now at levels allowing such moves. Technically it either breaks out now or sets in a final higher low IMO.

I wouldnt worry about seasonal factors and I wouldnt worry about China slowing to a halt in this decade. In fact global GDP is expected to GROW substantially next year according to figures coming out of forward shipping tonnage demand. Just take a trip and see for yourselves.

And so far as Uranium price is concerned, POU is still in its first primary and fundamentals would suggest to me we will soon be talking about SERIOUSLY higher prices cos of lack of new production on the horizon and long lead times it takes. Even BHP expansion doesnt kick in til 2013 according to latest.

Hence THR represents a wonderful HIGH leverage play on URANIUM with the play itself basically derisked by Molyhill. And no hurry there either bros IMO ...... check out the supply/demand fundamentals of W and Mo and u will see BIG Moly producers are aiming at starting up new projects beyond 2011. Sheesh if I was playing this, Id probably shelve Molyhill and focus entirely on the Uranium and a little later do the lot solo!

But thats personal opinion.

Once the ball starts rolling with this U-boat, market re-rating should be swift and substantial.

IMBOOC