Uranium Mining and Exploration

[Chamane]

Wow thats a great increase!

Train keeps rolling!


ps. Thanks trosh1 for your point of view. I'll keep a strong position in URE and STM until the annoncement of the last acquisition by SXR which I believe will be URE .. or maybe STM..



StockInterview.com: SXR Uranium One CEO Wants to Buy Another U.S. Uranium Company in 2006

SARASOTA, Fla., Jul 20, 2006 (M2 PRESSWIRE via COMTEX News Network) --

Two acquisitions were not enough for SXR Uranium One (TSX: SXR) Chief Executive Neal Froneman. During a tape-recorded interview, Froneman was asked if he would acquire another uranium company in 2006. "I do believe that we should probably do one more transaction," Froneman told StockInterview.com. We asked him about whether such a company might be Energy Metals (TSX: EMC), Strathmore Minerals (TSX: STM) or UR-Energy (TSX: URE). Froneman told StockInterview.com. "There are a number of companies - some of them that you mentioned that are obvious or logical targets." Later, he told the interviewer, after specific companies were discussed, "I think you have a good understanding of who the appropriate players are."

Other hints Froneman dropped during the 45-minute taped interview included, "That transaction is very much going to be focused on getting a good skills base. And, of course, it will come with good assets. We are particularly interested in people that have taken their projects forward." Froneman added another clue during the interview, "We are, at this stage, an advanced development company that very shortly will be a uranium producer as well. We have to ensure that we merge with companies that have similar qualities."

During another moment of the interview, while discussing the merits of underground uranium mining versus the ISR (in situ recovery) method, Froneman again brought up another hint at the qualities of his next takeover or merger candidate, "It would be very nice to merge with a good quality ISR company in the U.S. We just don't have any properties in the U.S. that are ISR. There may be one or two opportunities, but it is not something we specifically are trying to acquire. Of course, through these potential future mergers, we may become a significant ISR producer as well."

(More info on http://stockinterview.com/SXR.html)