Same sentiment here. I hold.As for expected market performance...

Same sentiment here. I hold.

As for expected market performance today, a rational reaction to a much needed transaction cost on Chinese A-shares and Fed minutes as per expectations saw a great international close overnight. S & P performance particularly encouraging.

As for the ASX querying BLR on the drilling announcements, I encourage everyone to get a copy of the AFR 26-27 May. On pp. 21 column 1, para 1 it states that "...ASIC and the ASX have been closely monitoring public announcements by uranium exploration companies."

I saw the drilling results as preliminary confirmation of typical US mineralisation, and certainly not blue-sky puffery. TO MY MIND, that the momentum of the funding announcement ran into the back of the drilling announcment perhaps merited the ASX query. I don't mind a closely scrutinized BLR because I don't see puffery in what they are saying. Indeed, I now see considerable merit in CFD's concern about the way that BLR is able to market its achievements.

Anyway, a concomitant strategy to deal with US mineralisation is to acquire an array of tenements and perhaps put in place satellite processing capabilities (remote ion exchange, or RIX) of the kind that Glenn Catchpole of Uranerz speaks of. The early production bootstrap out of the Eagle JV with Uranerz could prove to be a masterstroke, and I think that Sir Brantley's research on possible additional tenement acquisitions does indeed fill in more of the puzzle for me.

These are just my musings, so DYOR. PD