Bannerman vs. Competitors, page-8

That is a good question and if I knew the answer now I would only invest in those that are going to be definite goers.At present,there are only some that are more likely than others so I invest in a portfolio of holdings in the sector.

It the old Donald Rumsfield quandry:there are questions that we don't know we should ask- but the known unknowns are off takes and finance chiefly.

Uranium is at the start of a bull market based on technical evidence.

Those who supply the answers to the current unknowns have a higher level of evidence requirement to us speculators and it is this that gives us a great advantage.

BMN has had a pilot plant:big plus;CEO big industry knowledge:big plus.Said to be geopolitically friendly

AEE:here the team has been in the space for years,some members have produced research papers and they have done heap leaching at Haggan and although this is off the table at the moment,should be able to apply that to Tiris which is well advanced.The Swedish election is a question with no answer yet,but is one interesting geopolitical question

BOE has the Honeymoon plant,an export licence and announced plans to produce.You can see in their chart the outcome of this.Will the Greens start stomping on BOE once they are close to production? Possible.

They all have decent resources which should be extractable.
They are all serious long term players.
They are all likely to get finance,but we don't know yet.

Whether you decide to accumulate at current levels or wait for the right announcement train is a matter of trading system.My preference is buy when there is good evidence that they are likely to come a producer.Expect 5 bags at least before it is almost certain. Off-takes, financing etc all are good catalysts.

I was taken to task by someone who thought I should include DYL. They have some excellent ground etc and do not believe in running down stocks,but will say I am not invested at present,and may be missing a good opportunity.It may enter the portfolio one day,but at present just put my mouth where my money is.

Rick Rule is quite right and I seem to remember him saying that this is why you can make so much money by betting on an unknown that is likely to be favourable when known.Awesome chap- have learnt a lot from him.