Current Trade

Wednesday, September 15, 2010

Your attention please!

I should like to point out a (development stage) near production, uranium explorer turning miner... The chart has been showing a ranging pattern for the last year... with a slight weighting of an up move that looks like it may have the oomph to breakout of the range, they are flush with cash and I mean flush flush for an explorer junior... little debt... It would be worth while to play the range until it breaks out... a small cap roller if you will, (rollers in this class are hard to find under the radar) Seems pretty safe with under 100 million shares out fully diluted. 30 million cash + investments and holdings for a total of 79 million as of the second quarter 2010 .... a low burn rate.
Debt under 2 million DD at the home site under investor information         URE

A Grandich pick URE.TO support for the last year has been just under .80 cents... .77 cents to be exact.


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