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Gold/Mining/Energy : Uranium Stocks

URNM 56.73

-4.9%

Dec 12 4:00 PM EST

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To: Hank Madison who wrote (3697)	11/1/2006 3:52:13 PM
From: jayt	Read Replies (2) of 30216

Well that worked out for us. James Bambrough of Sprott was talking with Maria. Cigar lake comment ...10% uranium consumption taken offline....for potentially 3 years. He said it was the equivalent of losing Saudi Arabia in the oil patch!!! He said their funds are 6-10% invested in the uranium patch. Emerging Producers is the focus. Same names were mentioned that are in all of their write ups. Energy Resources of Australia was said to be a must own....EMC.to, SXR, Uranium Limited, PDN.to, and the favorite Strathmore Minerals (STHJF). Price target on U308 was $75 by year end......and 110-120 next year!! We shall see, but it's fair to say the Americans are coming! Nice exposure to say the least. Cheers to all the U longs! - JT

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