The results are really encouraging. Out of the 4 Zones with know U308 mineralisation, they have released only one (which was the announcement today.) Its pleasing to note that Zones 1 and 2 are the primary zones of interest given their proximity and size to each other. From my research, if a 1m interval of >1000ppm is hit, these are treated as high quality ground. My estimate is that the Zone 1 & 2 zones would be a lot more higher and we should get those results within the week as well.
Traders have made a killing on the stock over the last few days, but real value will be created by getting in now and aiming for an SP around the 0.36c mark from a charting perspective. I hold this stock and believe they could come up with 21-25million lbs JORC by Oct-07. By then SP would be around the $1.20 mark for a company this size.
Good luck.
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