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iswt

07/08/07 7:26 PM

#14248 RE: oilin07 #14245

quite simple in fact

the main advantage of this company is the ultra low cheap valuation below 3 000 000 dollars

i do not know (yet) if we will find uranium and how, in hat quantity, what grades, what partnership to mine it if possible and so on

even a modest results (a few million pounds which high grades) could be enough to give some air at the stock price

i hope a few million pounds high grade but i know nothing

less it will be good for the company because the market cap is so low that it will be difficult to find some cash to continue exploration on other claims (US JV namely)

more it could be the beginning of a real story and if not too low it could be enough to stop the downtrend , seek another exchanges and so on