uranium company in play

by the look of trading today with over 3 million traded in the first hour alone out little undiscovered gem is starting to get some serious interest. Not surprising really given the fact that it is way undervalued compared to some of its uranium peers.

Not to mention that news concerning recent exploration is not to far away.

I have been surprised by the focus on Australian Uranium exploration companies over the past week, even if the uranium mining ban is overturned at the labour conference I can't see either WA or Queensland changing there policy and even SA and NT will have very strict laws which will make the startup of a new mine a very costly and time consuming venture.

I would have thought that the african companies such as PDN,BMN,WME,DYL,WMT,EXT would be more in focus given that they face far less obsticles in starting up a mining operation.