U3O8 Uranium.

[pago]

hi pok ,looks like we have new posters,the only ur stock im going to hold long term is aex,got any long term prospects with a hope of mining,watching omc,cheers pago.

[trader10]

Hi pago,

well....the best U stock in AUS IMHO are :

PDN - BHP - RIO/ERA - TOE as a late entry....

the rest- Mikey Mouse...... are specs, juniors wanna bees and hopefuls..........

I also take a punt on SAU, HMR and EXT.......

Have a great weekend....


T10

[laurie]

T10
I would add to your list above AGS - Alliance Resources I don't think what they are sitting on is a Mickey Mouse outfit and their share is 25%! also BKY - Berkeley Resources have a look at their chart 12 months ago the sp was .10c all of this is JMHO

cheers laurie

[Skol]

I've got a few CMR, up yesterday on a bit of news. Who was it said not to bet against bull or bear markets because they always last longer than you've got money. May as well enjoy the ride.

[tapman]

Mtn have far to many results coming out in the next 2-3 months to go anywhere but up after yesterdays correction.

[trader10]

ABC Online, Australia - 39 minutes ago

AM - Wen Jiabao visit reignites uranium mining debate

http://www.abc.net.au/am/content/2006/s1605514.htm

AM - Saturday, 1 April , 2006 08:13:08

Reporter: Liz Foschia
ELIZABETH JACKSON: The Premier of China, Wen Jiabao, is due to arrive in Perth this evening, but already his visit is reigniting debate here about uranium mining and the storage of nuclear waste.

From Canberra, Liz Foschia has this report.

LIZ FOSCHIA: Chinese demand for uranium is forecast to climb to about 20,000 tonnes a year.

And Australia, which has around 40 per cent of the world's known uranium reserves, is seen as a secure and reliable source of that uranium.

But to meet China's needs, Australia would have to almost double current production.

That prospect has caused some in Labor to look again at its three mines policy, like the party's federal spokesman for primary industries and resources Martin Ferguson.

MARTIN FERGUSON: In my view, it's time to rethink the policy and potentially change it. Kim Beazley has this week said it will be subject to debate. And importantly, in a very responsible leadership position, South Australian Premier Mike Rann – because Olympic Dam and other mining deposits are so important to the economic future of South Australia – he said this week the policy's got to change. There's a live debate, not just in the Labor Party, it's a live debate in the Australian community.

LIZ FOSCHIA: Mr Ferguson says because of the importance of Australia's uranium resources to the world, it also has a global leadership role to play in making the world's nuclear industry safer.

He says Labor will carefully vet any agreement struck between Australia and China for uranium exports to ensure there are proper safeguards.

But no amount of safeguards will satisfy the Greens.

The party's energy spokeswoman is Christine Milne.

CHRISTINE MILNE: There's already a non-proliferation treaty. There's already a comprehensive test ban treaty and with the best efforts of the world's diplomats, they still haven't been able to make nuclear safe, and I don't think that Martin Ferguson can change that very readily.

LIZ FOSCHIA: Senator Milne says if Australia is thinking of increasing its uranium exports, it must also accept responsibility for the nuclear weapons and waste that will flow from that decision.

CHRISTINE MILNE: The Greens say that the uranium should stay in the ground and I call upon Martin Ferguson to say, if Australia is going to take global responsibility, where does Martin Ferguson say that the waste should go, and is the Labor Party going to call on Premier Wen next week to say whether or not China wants Australia to take back all of the nuclear waste?

Nuclear waste is a huge issue, and that is part of what has to be considered when all these people are rushing around, salivating at the prospect of increased uranium mining.

LIZ FOSCHIA: While the Chinese Premier's visit to Australia is likely to be dominated by the uranium issue, Paul Bourke from the Australia Tibet Council is hoping there will still be opportunities for other agendas.

PAUL BOURKE: It's one thing to have a good economic relationship with China, but it's also important that issues like human rights and Tibet aren't ignored in these meetings.

LIZ FOSCHIA: The group has asked the Foreign Affairs Minister Alexander Downer to make a request on their behalf.

PAUL BOURKE: We're wanting him to encourage the Chinese Premier into substantive dialogue with the Dalai Lama on the future of Tibet, specifically the Dalai Lama raised in his March 10 statement, the possibility of a religious pilgrimage by him to China.

ELIZABETH JACKSON: Paul Bourke from the Australia Tibet Council, ending Liz Foschia's report.

T10

[trader10]

Decade to satisfy China's demand for our uranium


Nigel Wilson, Energy writer
April 01, 2006
AUSTRALIA is years away from being able to supply China with the 20,000 tonnes of uranium it is expected to import each year by 2015.

Resources Minister Ian Macfarlane, who will tomorrow brief Chinese Premier Wen Jiabao in Perth on Australia's trade, said it was unlikely there would be a new uranium mine in Australia before the end of this decade.

Officials from both countries were working last night on the final details of an agreement that would allow China to buy Australian uranium and explore for the energy material to feed its nuclear power industry.

Mr Wen and John Howard are expected to sign the agreement in Canberra next week.

"China is expected to be importing 20,000 tonnes of uranium within 10 years, which gives us a great opportunity to supply that demand if we can finalise an agreement," Mr Macfarlane said yesterday. "But turning the agreement into firm mines will take some time."

Mr Macfarlane said he thought it unlikely that Australia would bring any new uranium mines into production before the end of the decade. He repeated his call for Labor governments to reject ALP national policy banning the development of new uranium mines.

Mr Wen, who arrives in Perth tonight, faces a hectic program in the western capital.

He will be briefed by Mr Macfarlane tomorrow before travelling south to Kwinana to inspect the commercialisation of Australia's biggest research and development project, Rio Tinto's $300million HISmelt facility. China has a 5 per cent stake in the development, which is designed to produce a direct feed stock from iron ore for use in steel mills.

Mr Wen will also visit a research facility at Curtin University, which is involved in developing LNG technology for Woodside, the operator of the North West Shelf gas development. The project is scheduled to begin shipments of liquefied natural gas to China within the next three months, which will be China's first LNG imports.

West Australian Premier Alan Carpenter will also brief Mr Wen before hosting a lunch attended by business and political leaders.

Mr Wen's visit is expected to attract protests from dissident groups, including Falun Gong.

A spokesman for the West Australian police said Mr Wen had been offered a security package in accordance with his status as a visiting dignitary.


http://www.theaustralian.news.com.au...55E601,00.html

T10

[Packersoldkidney]

quote:Originally posted by pago

hi pok ,looks like we have new posters,the only ur stock im going to hold long term is aex,got any long term prospects with a hope of mining,watching omc,cheers pago.

Pago....some very good prospects out there: question is will the market conditions hold?

I don't think you can go wrong with uranium stocks during the next week with the visit of the Chinese premier.

Good luck with AEX...can't believe they once held the ground Paladin now have: that's one big stuff up in hindsight.

[stolwyk]

Up 40 cents to $41.00

[tapman]

AA, What info do you have that OMC may produce by Sept 2007 ?
Cheers Tapman