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Gold/Mining/Energy : Uranium Stocks

URNM 65.48

+3.3%

Jan 12 4:00 PM EST

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From: james flannigan	6/16/2008 10:08:41 AM
	Read Replies (2) of 30301

IS GEM A SCREAMING BUY???. In my view yes. If we take a look at Oil Sands Quest BQI,the First Nations blocked the site from the drillers a years or so ago.The stock dropped from around $5 to a bottom low of $2.50 at the time of the blockade. If investors bought during those days of the depressed stock price,then they would have doubled their money as the stock is now at $5 again. In the case of the "day of action" by First Nations regarding public statements against Pele Mountain last week,it may have put in a bottom just like BQI did. I spoke to GEM and think they will make a public NR to provide an update of the project being on time on track and on budget.As well as address their willing to work with the First Nations to come to terms and advance the project. It just might be that buying GEM stock at this bottom may be very profitable. James

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