up 85%, page-9

re: up 85% - the age article i'm in! far out if it explodes.... I will be beside myself... :)

ok the following are hotstocks for tomorrow! If it goes crazy! from Mining News!

Bull run continues for uranium

Tuesday, March 28, 2006
Michael Vaughan

INVESTORS got all the reasons they needed to spark another run on uranium stocks this morning, with news emerging that Australia is close to signing an agreement with China, allowing Australia to export uranium to the superpower and also allowing China to invest in uranium mining in Australia.



Australia currently exports uranium to the United States, Europe, Canada, Japan and South Korea but representatives from China and India have recently been sniffing out export deals with Australia, and Prime Minister John Howard has signalled negotiations with the Chinese are well advanced.

Both Asian nations have a suite of new nuclear reactors set to come online in the coming decade and are looking to shore up fuel supplies.

Encounter Resources – one of the two standout performers over the past two days' trading – burst out of the blocks this morning, adding a further 40c (84.2%) to its share price to be trading at 87.5c by midday.

Encounter listed at 20c on Friday, giving smiling investors a more than 400% return on paper to date.

Toro Energy couldn't sustain the explosive momentum it gained since listing on Friday, but the stock was still up 10.5c (8%) at $1.415 by midday. Not a bad result, considering its initial public offer price was 25c.

Deep Yellow has clawed back much of the ground the company lost last year after discovering grade problems at its Napperby project in the Northern Territory. The stock added 4c (34.8%) this morning to be 15.5c.

Globe Uraniumcontinued its strong run during March, putting on 8.5c (14.7%) to be 66.5c. The company started March at 27c and has a couple of new patches of ground in Malawi to thank for its strong gains.

Other strong performers this morning included takeover target Hindmarsh Resources, rising 14.5c (12%) to $1.35, Energy Metals, gaining 25c (11.4%) to $2.45, Uranium Exploration Australia, climbing 4.5c (11.5%) to 43.5c and Summit Resources, up 15c (12.8%) at $1.325.