From what I understand many an expert predicts the price of uranium to recover very soon as stockpiles are used up...perhaps there is some great potential here for a sp recovery as they are drilling in Mauritania....plus this has at the moment a very tight spread...makes it easier to trade...for a penny share...

Another fine start for the sp.
2517

Going well atm.
2517

REE ?

Am I missing something this morning - bit more going on than tree shaking

A Shares Mag punt for 2011.

Got some in the isa....uranium is the big thing for 2011....

The directors of Hambledon Mining (AIM: HMB) and Forte Energy (AIM / ASX: FTE) will be presenting: Thursday the 7th July 2011, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)

FREE registration - http://www.proactiveinvestors.co.uk/register/event_details/117

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

This event is suitable for the following:
Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

The event is not suitable for people pursuing commercial opportunities.

If you have any problems registering or queries please email events@proactiveinvestors.com.

StockMarketWire.com
Uranium company Forte Energy has revealed that assay results have confirmed mineralisation at a depth below the existing resources at the A238 prospect in Mauritania.

An initial reverse circulation programme of 3,000m was started at the Hassi Baida calcrete area on the 6 February and is scheduled to be completed by the end of the month.

The company said the initial drilling programme at A238 completed with 63 holes totalling 8,567m and further assay results from seven longer holes have confirmed mineralisation at depth below the current resource model.

Approximately 75% of the assay results have been received with the remainder due before the end of March.

Managing director Mark Reilly said|: "The latest assay results continue to demonstrate that the A238 Prospect has significant potential above our initial JORC resources of 14.9m lbs of U3O8.

"The recent drilling campaign, which is now completed on A238, has significantly increased our understanding of this high quality uranium ore body, which remains open at depth and along strike.

"Once Forte has received the assay results for the remaining 25% of the drilling on this project, we look forward to upgrading the current resource by the end of next month."

Volume is growing today with small rise

nice bottom being formed lately, could go places from here

seems to be getting interesting with some volume.,.

fantastic news here today should breech 1p with ease

looking good for imminent news due - worth checking asx later today for tomorrow morning
gla

closure of deal imminent - rns from asx last night '"the reason for the voluntary suspension is to allow the company to finalise an announcement to update the market on the status of the proposed acquisition announced to the market on 11 July"

"the company anticipates that it will be in a position to make a further announcement in this regard on or before Friday 6th September"

"the company expects that the voluntary suspension will be ended by the company making an announcement of the kind referred to above"

this was up + 150% - could be another rem or phe or similar


personally already in and up expecting much more

gla

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=FTE#chart

lots of buys isdx also

latest rns http://www.asx.com.au/asxpdf/20130906/pdf/42j6tdfn3lzl1z.pdf


& some related info:



Leo Mining and Exploration Limited acquired 58 per cent of Mkango Resources



BVI-registered company Leo Mining and Exploration Limited announced that it has acquired 4,285,715 units of Mkango Resources Ltd., pursuant to a subscription agreement signed on March 1, 2013. Acquisition price is C$0.175 per unit and an aggregate subscription price is C$750,000. The acquisition deal is based on a non-brokered private placement. The units are purchased for investment purposes.

Each unit consists of one common share and one-half of one common share purchase warrant of Mkango. Each whole warrant entitles its holder to acquire one common share for C$0.35 for a period of one year after the closing date of the financing.

After giving effect to the acquisition, Leo Mining and Exploration Ltd owns and controls total amount of 24,138,614 common shares, which represent approximately 58% of the issued and outstanding shares of Mkango on an undiluted basis, and total amount of 2,142,857 warrants.

http://www.youtube.com/watch?v=PtzaXjwOynM

http://www.youtube.com/watch?v=DP1UG8Lseiw

rns due today..............................................

:-)

I'm in! a couple of smallish buys... see how it goes