With the futures contracts for uranium recently changing hands for $51.0 it is only a matter of time before this increase in the stocks underlying asset, uranium, impacts on the share price.

Having placed our money into this stock all we can do now is watch and wait. Laramide has made a good start and certainly beats keeping money in the bank, in our humble opinion. Their recently announced results were good too so we are pleased with this investment.

04 September 2006