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Gold/Mining/Energy : Uranium Stocks

URNM 55.58

+4.6%

Dec 19 4:00 PM EST

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To: Cheeky Kid who wrote (8754)	3/4/2007 2:26:21 PM
From: energy_investor	Read Replies (1) of 30229

Cheeky, I am embarrassed to say that notwithstanding all this talk of buy and hold, I reduced my position in LAM. Upon reflection, I considered that I had a tad too much at stake (13, 000 shares) given the uncertainty attendant with LAM and UR in Australia and reduced my position to reduce the risk. I re-deployed the net of tax proceeds by adding to my positions in a couple of "fairly- close- to- production" stocks (PWE and URE). Please tell me that this is strategic asset allocation and not trading <vb g> You have had a wonderful run up in you LAM stock and I congratulate you (much better than mine ) ! Here's wishing that things work out in OZ and that we both make more money on our LAM. If things don't work out, well it will be about 1/2 as painful for me as it would have been otherwise.... Cheers Energy_Investor

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