the effect of 1 usd uranium price rise, page-7

DAZZA,

Thanks for your comments. There are of course some losses to consider as well.

On 20 Oct 2004, I bought 100,000 @12 cents, followed by another 110,000 @25-37 cents in Febr 2005.

However, apart from holding a solid core, I did sell some later on so as to diversify.

The first 12 cents buy resulted in a 16 bagger and I have never managed to get that close but BSG and MOE were outperformers as well.

I don't think that a loss of say 30% on a stock is that important provided there are multi-baggers.

And one does'nt need that many of the latter. MOX is a nice one and I think that IMA could be useful as well.

But we all have our lean times occasionally, but overall, I can't complain.

Cheers,

Gerry