uranium stocks are sitting ducks

Look at this from DYL yesterday- one of the highest uranium grades (110,500 PPM) on the planet and it slightly up- should be more movement today -time will tell

USA still in good shape but we just need to be patient also- lots of u juniors that could take off when the u market recovers

Deep Yellow intersects highest uranium grade of 11% at MS7 deposit
Tuesday, September 18, 2012 by Bevis Yeo
Deep Yellow (ASX: ZYL) has intersected 1 metre at 110,500ppm (11%) uranium from 288 metres at the MS7 deposit at the Omahola uranium project in Namibia, its highest ever grade it has encountered in the country.

This result came from a hole that was drilled to undercut previous intercepts at depth that cut off shallow mineralisation to the north, with the company saying it represented a narrow vein system that was not entirely representative of the usual MS7 mineralisation.

Other significant results include 33 metres at 1,325ppm uranium from 50 metres, 3 metres at 1,723ppm uranium from 26 metres and 8 metres at 633ppm uranium from 48 metres.

Further outstanding intercepts have been submitted for chemical assay with results anticipated at the end of September.

The consistent relatively shallow, frequently wide intersections with grades well above Deep Yellow’s 400ppm reporting threshold from the ongoing drill program confirm the MS7 deposit’s higher grade nature and continuity.

The program is primarily designed to increase the size and confidence of existing resources as well as test for lateral and depth extensions.