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

To: Bearcatbob who wrote (3)	1/2/1998 11:33:00 PM
From: tango	Read Replies (2) \| Respond to of 30139

Saw the posting so i'm putting this one on my list. I'm involved quite heavily with world wide minerals and have some good connections to the firm.(been a rough year to say the least)WWS has received a 60m US financing to expand their uranium business in mongolia.So far 12.5m as been used. They are preparing to make either a corporate merger or aquistion(i hear within the next couple of months)they are not interested in long term exploration which limits the prospects.Wallace Mayes is running the expansion process and has been involved with many major uranium plays in north america including URIX. since they want to do a deal with a producing or near producing play, what can you guys come up with? URIX or IUC are the only ones that strike me. Any comments or thoughts.

To: Bearcatbob who wrote (3)	1/3/1998 5:29:00 AM
From: marcos	Read Replies (1) \| Respond to of 30139

Looks like IUC is a Lundin company, here's a link from the antenna/nl site; antenna.nl A "stockmaster" quote, with "discussion forums"??; stockmaster.com This is their US subsidiary? As an engineer, you'll love this one; wma-minelife.com Another discussion forum; stockclub.com stockclub.com A Rick Rule interview May 15/97, about half-way down this page he starts talking about uranium and mentions IUC; stockscape.com "And there's one that is going to come out in Canada called International Uranium, Adolph Lundin bought the remnants of Warren Benton's uranium empire and raised 40 million dollars around it. Adolph's a good player and people could buy that, institutions do the deal at $1.25, and hopefully the Canadian institutions are shellshocked enough from the BreX affair that when it opens they'll sell it off. I think that if people buy International Uranium and hold it for a year or two or three while Lundin does what he does, it will be superb speculation." IUC is cheaper now than it was then, looks like it's coming off tax-loss selling, could be worth a look. .............. cheers ................... marcos