Murchison closed 16% up in London at 9-9.5p (18.6-19.6c) - as...

Murchison closed 16% up in London at 9-9.5p (18.6-19.6c) - as specified below at one stage were up 20%. A tipster in the U.K. who has tipped MUR for a while posted the following...

"Murchison United (MUU) saw its AIM-listed shares rocket by 20% to 9.625p after the company announced that its ASX-listed shares were halted from trading at its request, pending the release of an announcement concerning a strategic alliance. This is anticipated to arrive within the next two days, upon which time trading of the shares on ASX will resume.

I expect this strategic alliance to be an important one for Murchison, as it looks forward to a diamond drilling programme at Firawa in the fourth quarter of 2008 and the continuation of drilling operations at the Bohoduo prospect in Guinea. The stock should be supported by news flow from its portfolio of uranium exploration projects and at 9.625p, they are a “speculative hold” ahead of the forthcoming announcement".

Sound positive.