Uranex has the biggest bounce on my watchlist, up 25.53% so far....

Uranex has the biggest bounce on my watchlist, up 25.53% so far. Reasons why include:

RCR initial target = $4.54 http://uranex.vividcluster.global.net.au/upload/news/260307%20UNX%20Resource%20Capital%20Research%20Report%20March%202007.pdf

The remaining 80% of the assay results from Bahi C1 are imminent.

The iniitial results at Bahi C1, all of which are at surface, are excellent:

1.50 m @ 2,394 ppm
2.75 m @ 1,329 ppm
1.50 m @ 873 ppm

The Bahi current status from the Investor Presentation:

- Interpreted extent of mineralisation 13 sq km.
- C1 high grade core 0.8 sq km.
- C1 defined by 3m deep pits, 20% of assays received to date.
- Grid drilling planned for 3rd quarter 2007.
- Resource quantification 4th quarter 2007.

Placement via Deutche Bank, etc. on 15-Feb-2007 was at $1.64.

Also, check out the new Uranex website, much more info than the old one.
http://www.uranex.com.au