great u-leverage here

U shld read the background on the Swedish U-assets given Sweden is cited as hosting abt 15% of the est global U-deposits and given the increasingly favourable attitudes to U there.

Seems to me these boys are sniffing the wind and have taken a proactive pre-emptive play there. Share buyback still in place putting a base at 5.5 atm and sp still under cash backing as it treads water ... BUT now right at major breakout/primary reversal pivot for min ... thru abt 7.2+.

This baby therefore looks springloaded for mine and POU is up about 4% overnite as market probably begins to wake up to ridiculous disparity between spot (technically suppressed by Lehman overhang which is being progressively absorbed) and contract which has held at much higher levels and represents the REAL U-market (85% of sales).

I have been picking the eyes outa the U-boats over the past year and this one looks a no-brainer for probe core for the mid-term bottom drawer ... if u can get any with out spooking it that is.

URANIUM IMO is the next BOOM sector on fundamentals and u can sniff it on technos and current sector dynamics as well atm. HDG shld be a future sector "champion" IMO on its sheer scarcity and what appears to be prudent management which in itself is hard to find these days.
IMBOOC