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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Spillages who wrote (22913)2/19/2007 5:09:49 PM
From: Cheeky Kid  Respond to of 23958
 
Since I own it, and have no plans on selling it, I think it has upside potential. I think it may be running up on possible news that they may allow uranium mining in an Australian area which currently has a ban, LAM is in that banned area. If they don't allow mining, the stock will take a hit.

I would say yes, put it back in there, it’s worth the risk.

See:
laramide.com
Currently, the governing Labour Party in Queensland has a policy that does not allow for uranium mining, however this may soon change. The current opposition, the Australian Liberal Party, supports uranium mining, and there is an election due in early 2007. In addition, there had been a recent up-swing in support for nuclear energy amongst environmentalists throughout the world.