Replies to post #2300 on Uranium Mining and Exploration

[trosh1]

John, every once in a while I get a hair up my nose that has to be scratched.

Maybe I get tired of being boring (as if U, NG, moly can be considered conservative or boring by most). Its just that I get jealous of all you folks getting those exciting jrs.

(By the way, leaps ARE tame. My CCJ goes up 4.5-5x stock price, and 2+ years to do it.)

Objections:
1. Those were 40 dry SHALLOW wells.
2. Pennzoil wasn't looking at $11+ NG prices and Devon has the Texas shale bonanza.
3. NG not oil is the prize. I'm not an expert either but those I read seem to think chances are much greater for NG - and there is not years to wait.
5. If nothing else, they are spending a lot on PR that should keep it going up short term. Just have to keep a close stop eye.
6. Gotta have fun once in awhile to keep up with all you.

7. I don't find their U property especially appealing - there are others much more so. It is just if their first well is sucessful, they are the type of company that will take part of the cash flow to fund drilling, etc to prove reserves without dilution - A big bonus! (And that can be done on just the highest possibilities. Even moose droppings may be worth a lot with all the fertilizer factories closed down from NG prices.)

Best
Terry