50c close , page-3

tightly held: probably worth 60 cents WRL and POL have 20 million shares between them.

A further 5 million shares are held by Areva and Mega.

That leaves only 15million shares available for trade out there.

So yes, it is a very tightly held issue.

In the absence of any drilling results, this is worth about 60 cents...

If uranium mineralisation is found, however, then you are right... the stock will go to $1

Take a look at my post on WRL - I will disclose that I don't have a position in them anymore, and have my funds tied up in other plays, but the market is basically valuing the company at $1.7m (exlcuding its interest in NTU and its cash in bank).

Almost a no brainer IMO.

The other want to research is Giralia (GIR) - they have a large stake in UTO, RHI and PMH, plus they have their own massive Uranium project at Lake Frome, which IMMEDIATELY SURROUNDS THE BEVERLY URANIUM MINE operated by Heathgate...

very undervalued, IMO

but then again... the market doesn't have to be smart, because it is the price that is right