Bosco & Crossy's stock picks,talk area Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Proud Deplorable who wrote (19160)	3/31/2006 12:05:20 PM
From: Crossy	Read Replies (2) of 37387

MAW.V - Mawson Resources - C$1.25 I found another interesting Uranium junior with delineated Resources (Brownfield) and a vast exploration acreage: MAW.V - Mawson Resources - Uran and Gold in SWEDEN (!!) around C$1.25 www.mawsonresources.com mawsonresources.com Why do I like it ? Simple - it is pretty advanced in the exploration chain of their gold prospects which are formidable on its own (similar situation as PAF.V). Their drilling program showed significant Gramm/meters in nearly all permits they started to explore so far.. Another aspect is that Lundin Mining of Sweden is active in the same region. Not bad either.. And it has numerous Swedish Uranium prospects. Some are low-grade, some are even Resource certified from previous tenet holders (around 7000t of U) and the best is that one of their properties is a HIGH GRADE permit that had samples in excess of 15% Uranium/t.. You only find such goodies in Athabasca normally.. By the way, Sweden is expected to hold 10-15% of the world's U resource.. Now Sweden doesn't mine Uranium right now and the tree huggers are a formidable force politically. Well, yes - RIGHT NOW ! But you can legally EXPLORE Uranium in Sweden. And you can even legally MINE LOW GRADE Uranium (by means of ISL or open pit I guess). Everything high grade mining like needs a government permit. So Mawson can continue their exploration track and establish Uranium reserves. In the meantime either a change in government and/or escalating energy prices should do its work to prepare the stage for such mining operations. There are precedents for such a strategy - say in Australia where LAM.V or SXR.TO continued to explore nice Uranium projects which are off-limits to actual mining right now but under a changed local government can readily be exploited there. Well, for now they certainly were able to explore these properties. The share price development of both firms nicley rewarded investors over time as a glance on their chart reveals. mawsonresources.com Now Mawson has only 26m shares outstanding and at a price of C$1.25 its marketcap is around US$25m. That is lower than most Athabasca Uranium exploration firms. In Mawson you get 7000t of Uranium Resource on top of it plus pretty advanced gold exploratory projects with nice diamond drilling results.. On their gold exploration front, the company recently announced a step-up in their most advanced permits: on one permit (Vergbakken) a NI-compliant resource estimate is awaited any day. And another of their gold permits is subject to a massive step-up in exploration activity, according to their most recent news release.. mawsonresources.com best rgrds CROSSY

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next