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Gold/Mining/Energy : Uranium Stocks

URNM 58.40

+0.6%

Dec 9 4:00 PM EST

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To: roto who wrote (10184)	4/10/2007 4:40:32 PM
From: TrueScouse	Read Replies (3) of 30204

loachscout: <<RSC must be the Rodney Dangerfield of the U- stocks...it gets no respect!>> Agreed. The only reason I can see for it being down today is that it's been a 10-bagger over the last year and some people may be rolling over into other more junior U stocks. Consider this from today's PR... <<This excellent intersection includes 4.02% U3O8 over 3.55 metres (80 lb/ton).>> This would be the equivalent of about 13oz of gold per ton! And if anyone reported 13 opt Au over 3.55 metres IMO the stock would be up 50% in the blink of an eye! :^) I spoke with the RSC management at the recent PDAC and learned that they'd been approached by Areva to initiate discussions. Areva's concerned about how to replace their share of the lost 2008/2009 production from Cigar Lake. One comment I heard was that Areva was told to "come back next year, but you'll have to pay $15/share". <g> So despite the 10-bagger in RSC so far, I'm looking for another 10-bagger from here! Best regards, Howy

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