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%

Nov 6 3:59 PM EST

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To: Dan P who wrote (20)	11/23/1996 1:19:00 PM
From: Jim Ilchyshn	of 162

Dan, There was a little clip in the Globe and Mail on Friday. GE has signed a deal with China to provide Nuclear Reactors since the restrictions on this technology have been lifted. This is a 50 BILLION dollar a year industry in China. Kind of gives you an idea how important the fuel supply will become in the next while. I can easliy see Strathmore being an important supplier to this industry. A $20+ share price would not seem unreasonable considering SMR's position. Received Bob Bishop's newsletter with SMR as a new recommendation. All the best. - Jim.

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