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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: El Canadiense who wrote (10922)	7/25/2005 2:39:53 PM
From: Crossy	Respond to of 37387

OMC.AX - A$0.98 - omegacorplimited.com.au Strike Extensions at Mavuzi Uranium Mine in Mozambique ! Cartonet - you are right, my target would have been a 3bagger from now but it looks that in reality it could be even more, because today we seem to have hit another important announcement that reads like - BINGO ! asx.com.au Strike Extensions at Mavuzi Uranium Mine in Mozambique asx.com.au The document is talking about an extension of strike of 1.5km area over the initial mine area - two further prospects ("Airport") and ("Kaboazi") were discovered. Individual site radiometric counts up to 2300CPS. Looks like we have hit the mother lode of what is possible outside Athabasca at Mavuzi in Mocambique. Imagine such treasures being unaccessible becuase of a communist regime. I'm glad that these days are gone in the region - for the people there and for us investors. Looks like "MAVUZI" is a name we had better getting used to.. CROSSY

To: El Canadiense who wrote (10922)	7/26/2005 8:55:58 PM
From: Crossy	Read Replies (4) \| Respond to of 37387

re: OMC.AX - Omegacorp - A$1.06 asx.com.au asx.com.au Just got back from a nice phone conversation with Director Matthew Yates (member of the Australian Society of Geoscientists) - who heads their Uranium exploration programs The firms is firing on all cylinders ! 1) The recent secondary of A$5.1m allows them to step up their efforts considerable 2) The R.A.B. family of funds - one of the best energy investors in the world IMHO now controls a big chunk of OMC.AX shares. They took up a nice part of the secondary.. 3) Proceeds from the secondary will allow them to start a drilling program by the second half of August when their rig will have arrived. Expect them to drill one hole per day. 4) Their priorities shifted - they realigned priorities and now assigned Mocambique based Mavuzi mine the top notch. This is a brownfield story - since the property was previously mined. The Mocambique government is described as most helpful 5) Unlike the other properties, Mavuzi is not a sandstone hosted but a "shear hosted" deposit. That's why the grades are higher also. looks great ! CROSSY