This from Robin Brumby in last months AustralianTabs on uranium...

This from Robin Brumby in last months Australian

Tabs on uranium

KEEPING track of the uranium hopeful stocks is almost becoming a full-time job. These are some of the announcements that came out last month:

* Eromanga Uranium (ERO) said electromagnetic surveys at its Marree project in South Australia had revealed a previously unknown buried river system. This system had more than 100km of deeper channels capable of holding sandstone hosting uranium deposits, the company said. It added that the geology was similar to that at the Beverley uranium mine to the southeast of the old railway town of Marree.

* Thundelarra Exploration (THX) has done a tenement swap which will see its position expanded in the Ngalia Basin area of the Northern Territory. The new tenement is 25km from the Bigryli uranium deposit in the same sandstone formation. A Canadian company has agreed to take, in return, five tenements in the Murchison district of Western Australia.

* Empire Resources (ERL) has taken an option over the Yarlarweelor uranium prospect 125km north of Meekatharra in Western Australia. Exploration done on the area between 1978 and 1982 by the Italian company Agip identified uranium mineralisation at several locations, the company said.

* Epsilon Energy (EPS) can begin drilling its Balladonia uranium project in Western Australia after the licences were granted last week. Managing director Matt Gauci said the project, at the western end of the Eucla Basin, had the potential from work done so far to host a deposit the size of Beverley (21,000 tonnes) or Mulga Rock (47,000 tonnes).

* Black Range Minerals (BLR) has secured another 4.4sqkm of land in Colorado containing extensions of its Taylor Ranch uranium target. With the new land, Black Range has upgraded its target to between 6800 tonnes and 9000 tonnes of uranium.

* Metals Australia (MLS) has picked up two projects in Namibia. The Mile 72 licence is north of the Langer Heinrich uranium mine while Engo Valley is in the Skeleton Coast Park in the extreme northwestern part of Namibia.

* Catalyst Metals (CYL) has added to its uranium exploration acreage in the Gascoyne region of Western Australia. The new Koonana Hill licence is adjacent to Catalyst's Michelles Well target and expands the company's Minnie Creek project area to 1220sqkm


Well at least MlS is considered a hopeful by the Media
and after checking others SPs we find.

ERO 28
THX 45
ERL 20
EPS 38
BLR 22
MLS 7 ??
CYL 23

Now we all know there is lots of variable re the market
prices for these stocks .But the cheapest one here is waging forward on three fronts all with enormous potential.

Manindi Massive Drilling Underway results pending, upgrade imminent

Sherlock Bay nickel ,news on that very soon, as soon as ARH relist.Last indicated Mid April .They are not just into magnetite, and with the MLS 30 percent free carry on the Nickel Prospect ...HMMM

Engo Valley Well even just sniff of U. and they are in the right location at the right time ,and progress announcements are due on this one also.The crew over there are not on Safari.

Now...if just one of these three come in with a positve result then the potential for a muti bagger is a given..

I am an optimist ,I am backing all 3 projects with good news A good series of announcements and it will send this little gem into orbit

Buckle up the ride is about to resume ..

Please DYOR...

Paddy