Imo, wcu is going higher for following reasons:
1) Uranium spot price to trend higher as supply from depleted uranium dries up toward 2013;
2) ERA's problems will see it buying in spot market to meet its contractual supply;
3)Gold is bottoming and investors will move from gold to uranium;
4)Uranium seen as next big thing for 2011-see resourceinvestor.com;
5)Demand for uranium increasing from China, India;
6)Huge potential for resource extension and upgrade at Daneros/Lark Royal. Drilling results in Nov 2010 show 8 foot of .22%.This appears comparable to MesaUranium's 17 footer 0.11% find in Lisbon Vally.
7)Thompsons is near Mesa's Lisbon Valley project.
8)Vanadium prospects look good at Thompsons.
9) GDN influence now gone?
10) Low number of shares issued.
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