Picked up by Radd over at SS:
MARKET SETS FRESH HIGH AS WILDHORSE SETS PACE
James Packer-backed Uranium junior WildHorse Energy galloped more than 10% higher yesterday as the group paraded its first JORC-compliant inferred Uranium resource at the Pecks project in Hungary. In the process the Australian share market soared to another all time high.
WildHorse, which is planning to open the Bison Bason Uranium mine in the US and holds advanced Uranium prospects in Hungary and Poland,has established that it has 30 million pounds.
The companys previuosly stated objective was to report 45 million pounds of JORC-compliant Uranium resources by November 2008, but WildHorse said it would lift this JORC resource target to around 100 million pounds by the end of next year.
Shares in WildHorse kicked 35c higher to $3.70 {record high $3.79} for the day,marking a 48% rise in the past month and 825% gain since the company floated at 40c in November last year.
all good
cheers
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