watch for a bounce, page-11

they have there uranium, but I would more be looking to buy for there cash position & potential to buy cheaply into a near producing asset in the future, due to there large cash which puts them in a good position to snap up quality assets from distressed companies that cannot raise funds in current market conditions.


Potential is there as sp is only at cash backing but stops should be used, management are yet to prove themselves here, board are only 1 hit wonders from the uranium boom, share price oversold

Note I hold from .10 the cost of not useing a stop loss, management seem to talk themselves up to much without delivering.

SP last 3.2 downtrend broken, likely smart accumulation was happening in the .02's, should see a move towards 4-6 if market remain calm

dyor.