So Just 120-140 more days till production, What will this mean...

So Just 120-140 more days till production, What will this mean for the share Price today, will it fly because the permit is a done deal, to be issued on the 20th, there after will be only 100 days to the first shipment of ore all going well, or will there be a sell down because traders (who entered on the volume spike) may sell because they don't want to wait to the 20th? With the Presentation May the 6th and more company exposure, selling now would be a mistake wouldn't it.

A big buyer could show up at any stage now on any day leading up to the mining permit or there after, and a big re rate is likely to bring this up closer to a level where it should be. Friday is generally the best day to buy stock, generally a lot cheaper than buying on Mondays, so an opportunity may be present to accumulate before the weekend research takes place by other investors just clicking on to whats happening here. One of the big positives of this company is the capital outlay is very low to bring this into production and within current cash reserves, for me thats the deal maker.

Typically Im a Swing Trader, But this being such a strong story with high reward and low risk this has become a Buy and Hold till production position for me, my one and only.

I expect to see the liquidity improve and market participation increase as the story unfolds,There now is a clear change in Trend this should help.

All the best to investors I think if your holding now you have the potential to double your capital within a relatively short period of time coming off a very low base price and a market cap of around 20-25 million, that is not a lot when you consider the number of listed junior uranium companies in production.

DYOR this is Not Advice.

Heres a Few Links, Oldies but goodies

http://www.proactiveinvestors.com.au...8.html%3Cbr%3E

http://www.whitecanyonuranium.com.au...e%20Canyon.pdf

http://www.whitecanyonuranium.com.au...ports/Sept.pdf

and the company home page below if you new to WCU

http://www.whitecanyonuranium.com.au/index.php




AA