my take on recent price action

One thing is for sure that the volume will dry up at some stage, but it dosent necessarily mean the price will drop back to 14-15c....i think there is too much support now and expect it consolidate around 16.5c to 17c....which is technically new support...whether or not the gap gets filled at 15.5c is unknown as yet, but the strength of the recent announcements has fuelled the buying frenzy and it is fair to say that the market approves of the BHP J/V...
It appears the big players have come to party in WMT,s backyard
The strong U308 price is definately in WMT,s favour and what i like most of all is the MTONYA(henry Uranium deposit) which shows extreemly good grades (eg, 55,000 PPM -Parts Per Million channel samples and the 2007 drillling programme starting after the wet season.

Plenty to look forward to here and they arent too heavily diluted as they have around 450 million on issue with 5 mill in the coffers.....cheers Jam