Strathmore Resources - SMR - A uranium play Message Board

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Gold/Mining/Energy : Strathmore Resources - SMR - A uranium play

SMR 32.46

-14.4%

3:59 PM EST

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To: Jim Ilchyshn who wrote (16)	11/12/1996 7:13:00 PM
From: Dan P	of 162

Jim: Congratulations on your buy. I think this stock should go considerably higher, and personally am also hangin on. I am looking for at least a triple, before unloading any. The price of Uranium and all other metals can be found in the Northern Miner, and currently is around U.S. $15, spot price. By the way, Bishop regards this as one of his best buys in the current issue. This is another example of the great resource junior market of the 1990's. Dennis Wheeler in his precious metals digest quoted David Williamson as being extremely bullish on resource companies (esp. Juniors), as China and many other countries that are in a growth phase will perforce need and demand finished products that are based on these natural resources. Also, he points out that junior companies are much more nimble at identifying these resources, and the majors will have to pay up for them or get lost in the shuffle. Regards Dan

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