opportunity knocks

Hi Folks

Everyone is saying this is the end of it. More falls to come etc etc.

They might be right.

I thought the bigger players would fall harder and it appears I am right.

I think this favours Uran. The small market cap was/is the saviour here.

If a company is valued at 70 million and it doesnt make money its going to fall harder than a company valued sub 10 million on the verge of acquiring production targets in 12 months.

Forget about picking the bottom here. Uran may well go lower.
Today I took the opportunity of doubling my holdings.

If the company has got what it says it has and is negotiating in the time frames it says it is, then all will be well.

China and India are not going anywhere. Energy requirements havent disappeared overnight.
They will increase.
US may well tank again tonight....but for how long?

Business goes on. The shareprice may well go nowhere. But regardless, it is an opportunity. How hard was it to pick these up today?
Nobody was wanting to sell. A corridor and range of 3 cents and just over 200,000 traded.

Cash on the sidelines may well work to those companies advantages that are fundamentally improving their position and acquiring real projects with real production targets in the medium term.

Uran is one.

Yes. There is prudence in cashing up on the sidelines....but we are not talking about a big MC player here.

Is this straw hats in Winter???

We will find out I would think within a couple of months.