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Gold/Mining/Energy : Uranium Stocks

URNM 63.27

+0.3%

Jan 9 4:00 PM EST

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To: TheSlowLane who wrote (13574)	6/20/2008 12:31:09 PM
From: james flannigan	Read Replies (1) of 30287

I think GEM is getting a bit of traction as the First Nations comments is being priced in from the low at 17 cents.Dr Hirsh was on CNBC today and said his target is $500 for oil in the next 5 yrs.If he is correct,we will see a massive world wide build out of Nuclear power as he is calling for. Buying the off radar GEM at a fraction of pennies on the dollar could pay off like a moon shot.I think the stock is dirt cheap as its ore will sell on the long term contact,not todays spot price.This is a very outstanding risk reward situation.After all the ore is in Canada and not under the control of Hugo Chavez.No one is going to steal that ore,nor is it going to get up and walk away.Still buying the stock today... James

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