Doing the Yukon Uranium Scramble ~~ I bought Cash Minerals. Also Twenty-Seven Capital, Signet Minerals and Fronteer.
I might have gotten a little carried away! But here is my logic. The Yukon uranium play is just beginning, and it could be big. If you want to think really big, some of these guys are saying the Wernecke trend is geologically connected to Olympic Dam deposit of Australia. If THAT pans out, I won't need to work after the next four years of drill holes.
From seeing who is getting their feet on the ground up there, such as Fronteer, and from reading everybody's web site,I am guessing this region has the goods. There are too many radioactive boulders laying around for it to be a complete bust. The signicance of Cash Minerals is not that they are the only play, but that they are the first with the most. They got their butts in gear and dragged a drill to the top of Jack Flash!
If any part of this Yukon Uranium premise turns out to be correct, layers of players are going to get involved, generating multiple opportunities to buy wholesale now, sell retail in stages.
Forget for a moment about Merrill Lynch and the u.s. funds and joe sixpack.
First, just think of all the newsletter writers who are gonna need to climb on board with official recommendations: casey, hard rock, zeal, dines, jay taylor, raulston, silver investor, etc.
None of those guys are as early to the party as we are here on Silicon Investor. So here is my recommendation posted here on July 23, 2006. But a little of all five of the stocks I named and then sort them out later and decide which you want to double up on.
Since they are very competitive with each other, i expect that all of a sudden, we will go from no newsletter writers having a yukon uranium play to all of them having one.
In further confirmation of the earliness of this discussion,
I have comprehensively searched canadian newspapers, even the Yukon news, for stories, and find that they are uniformly asleep at the switch thus far. The Yukon News has written twice about Cash Minerals but the stories were about coal.
Wake up, Vancouver Sun! You've got something better than a gold rush at your back door! Energy Crisis! Solution in our Backyard! Yeah!
Fronteer is the easy way out for Stateside Americanos, FRG on the Amex. Signet is the sleeper. Read their site and you will see what I mean.
Regards, Michael |
