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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?

To: TrueScouse who wrote (10194)	4/11/2007 12:48:13 AM
From: Anchan	Read Replies (1) \| Respond to of 30213

True Scouse, you wrote "I spoke with the RSC management at the recent PDAC and learned that they'd been approached by Areva to initiate discussions. Areva's concerned about how to replace their share of the lost 2008/2009 production from Cigar Lake." I continue to hold my RSC. Regarding Areva's efforts to secure U supply: today, Areva bought big into Summit (SMM.AX; see my other posting for details). So, on the one hand, Areva has got its fix from Summit now (though SMM's production will be from 2010 at the earliest); on the other hand, Areva may well come back to RSC.V for more yellow fuel.

To: TrueScouse who wrote (10194)	4/11/2007 1:23:53 AM
From: roto	Read Replies (1) \| Respond to of 30213

TrueScouse I concur. I have 10 U- holdings & RSC is my #2 in market val. I do not have doubts about it at all and I plan to be in RSC a long time. My understanding of RSC as a 'quality' holding is contingent on not being bought out any time soon, next year or whenever. RSC's true worth can only be realized with patience. it is good to read your take on RSC's management. thanks much. Loach

To: TrueScouse who wrote (10194)	4/11/2007 1:42:09 AM
From: Threshold	Respond to of 30213

Agree completely with your take. If it was a gold stock, it would probably be twice the current price, and that is strange as U is way hotter than gold at the moment (no pun intended), so I see it as a trading anomaly for now. Big guys jockeying for position. They were smart in that they gave no single institution a big share of their PPs, and that means some serious competition for shares. ie: they need to shake out the stockhouse fools, and anyone else who just gets impatient. Cameco has 7 deep holes underway just south of them, and a hit there rewrites the story bigtime.