Early this year I did some heavy research on all the "better"...

Early this year I did some heavy research on all the "better" uranium plays out there. I already had PDN & AGS and had a pile of cash to invest ... I narrowed it down to MTN, WHE, UKL, BMN & EXT

In the end I decided to go with:

UKL ... took profits & then into WHE ...

Now I have been pouring my cash into BMN ... IMO it is really no contest between them & EXT!!

Goanikontes is massive & world-class ... However Husab, as I see it, is all over the place - I just cannot understand the deposit at all. These is no continuation to the ore body at Ida Dome ... some intercepts are shallow, others deep but VERY narrrow & scattered. grades are good, but it is going to be a horror to get into production IMO!

IMO their best bet is a takeover ... TSX listing might also see the Canadians lifting the SP ... I will trade it here & there, but as a serious investment for me .. No way!

IMO the market agrees with this:

Eg if you had pent $50k on each of these shares on November 1, and sold on July 31, just B4 the correction, you would have turned that into:

whe $220,114.94
mtn $297,752.81
ukl $161,764.71
bmn $105,078
ext $58,823.53

This is not a contentious post. I still place is in the "better class" of U-companies, and I hope I turn out to be wrong & that current holders make a bagfull ... but for me I cant commit.

cheers