Jenny just to add to your post, being that strongbow resources...

Jenny just to add to your post, being that strongbow resources sites are close to RMG's sites and have the holloman minerals relationship.

http://www.stocksjournal.com/PDF/STBRa.pdf

Strongbow Resources claims strategic land position adjacent to Olympic Dam, the world’s largest uranium deposit in South Australia

Demand for uranium poised to increase momentously, set off price rise

A junior uranium exploration and development company, Strongbow Resources Inc. (OTCBB: STBR) holds and controls seven exploration licenses that cover 3,792 square kilometers in the uranium rich Frome Embayment area of South Australia. Advantageously, Strongbow is situated in an area of South Australia where the potential for a world class uranium discovery is probable, as evidenced by several large uranium projects in the region. In Stocksjournal’s opinion, as a junior miner with a strong land position in a uranium rich area, Strongbow is on the right track. Uranium demands are increasing at a consistent rate and currently exceed existing supplies. As oil prices continue to spike, uranium will likely continue to outperform all other precious metals. The New York Times reported recently that nuclear power is likely to see a resurgence due to steep oil prices, and this will continue pushing prices for uranium higher in the long run as nuclear energy becomes more palatable in the face of global warming.

Strongbow’s exploration licenses
Known as Cameron’s Corner Palaeochannel Project (the CCP Project), Strongbow’s tenements, or claims, are in close proximity to the large world renowned ‘Beverly’, ‘Olympic Dam’ and ‘Honeymoon’ uranium projects. Olympic Dam, the world’s largest uranium deposit, and Australia's largest underground mine, is Strongbow’s immediate neighbor to the south, located approximately 560 kilometers north of Adelaide, South Australia, relatively close to existing infrastructure (roads, ports etc.).
Home to the largest share of the world's "reasonably assured resources" of uranium, with approximately 27% of the total resource, Australia has more low-cost uranium in deposits than any other country in the world.
Strongbow’s significant land position is situated among the largest uranium producing properties in the uranium rich, Frome Embayment of South Australia. The Frome Embayment is an area that the Minerals Division, Geoscience Australia reports has a rich uranium endowment and where the considerable potential exists for discoveries of various types of uranium deposits.
Accordingly, Strongbow is well positioned to benefit from an advantageous land position and the constricted supply dynamics underlying the worldwide shortage of uranium. As it prepares to kick off a targeted exploration program, Strongbow represents an early stage opportunity for savvy investors to leverage the long-term, supply dynamic underlying future price increases in uranium.
The energy crisis and the impact on uranium
The price of uranium has surged lately due to global concerns about energy security and a worldwide hunt for alternatives to high carbon-emitting fossil fuels. The price of uranium was above $140 a few months ago compared to $7 in 2000. This means that the price of uranium has skyrocketed about 1,900% while gold, the precious metal that gets all of the media attention, rose only about 300% in that same time frame.
As the oil prices continue to spike, uranium will likely continue to outperform all other precious metals. Just like many experts are predicting that the price of gold, silver, and platinum will continue to rise exponentially in the coming weeks, months, and years, so too will the price of uranium.

We are not just witnessing peak oil… but peak everything… we are on the verge of the world's last energy bull market… one that will see a momentous increase in the price of uranium.

With oil trading over $100 a barrel, it is fast becoming apparent that we need other fuel sources to power our factories, light our streets, and warm our homes. The current state of geopolitical instability and forecasts of continued worldwide supply constriction, suggest that relief from high oil prices may never come. The peak oil theory has become a bleak reality.

Today’s energy crisis, and global warming, means we have to look to other technologies, like nuclear power to fire and satisfy our energy needs, to keep our economies going. Nuclear power generated from uranium is a proven and viable solution. Increases in demand for nuclear power translate into increased demand for uranium, a trend from which savvy investors will profit.

A bullish scenario: a shortage of uranium for the foreseeable future
By year 2015, world demand for uranium is predicted to outpace existing supply by more than 400 million pounds. After a decade of falling mine production, since 1993 output has risen, with 61% of output now allocated to power generation.
Production from the world’s uranium mines now supplies only about 60% of the requirements of the world’s nuclear power utilities leaving a wide gap between production and demand. The world’s 440 reactors have a combined capacity of some 370,000 megawatts that require about 77,000 tons of uranium per year. Approximately 16% of the world’s electricity came from 440 nuclear reactors last year. This figure is constantly growing. Yet in 2006, mines supplied only about 50,000 tons of uranium.

The demand for uranium is set to increase dramatically due to the growth of new nuclear power reactors. At present, there are 29 reactors under construction around the world and another 66 are being planned. Japan alone intends to add 11 more by the year 2010 and China hopes to add 24 to 30 by 2020.

Uranium is in a long-term bull market
The supply-demand balance for uranium is tighter than any other major commodity. And, there is no relief in sight. The fact is, uranium production today is so tight, it can only satisfy 60% of global demand. The recent shortfall, which has been made up largely from government stockpiles, and recycled nuclear weapons, will persist because these sources of uranium won’t last much longer. As a result, prices for uranium will continue to rise for the foreseeable future, with some newsletter writers anticipating that uranium prices could more than double by the end of 2008.

Uranium is part of Australia's mining heritage. Although only three mines are currently operating, more have been proposed. Australia's uranium reserves are the world's largest, with 24% of the total. Australia is the world’s second largest uranium producer with Ranger, Olympic Dam and Beverley mines producing some 8,500 tonnes U per year or 20% of world mine production. Production and exports average about 10,000 tonnes of uranium oxide (8500 tU) per year. In the five years to mid 2006 Australia exported 47,524 tonnes of uranium oxide concentrate with a value of over A$ 2.1 billion. Australia uses no nuclear power, but with carbon constraints on electricity generation likely, it is under consideration. Australia's uranium is used solely for electricity. It is supplied under arrangements which ensure that none finds its way into nuclear weapons.