With the recent takeover of HMR from the Canadian company I...

With the recent takeover of HMR from the Canadian company I reckon is only just the start of a chain event. As we all know

. China is very keen to buy our uranium and currently negotiation with the government
. uranium price continue to go higher
. more and more countries are talking about nuclear power
. more and more oversea companies are looking to get an exposure in uranium so instead of applying for leases and doing the ground work from start, it is better for them to takeover an up and coming junior uranium company such as SIM which is only about $6M in capitalise. That's nothing for there large international mining companies.
. SIM got all the potential leases and tightly held shareholders
. Geoff Gallop resignation will open for change in uranium mining in WA but SIM also got huge potential leases in NT and SA.

Just my opinions, do your own homework.