Hole 116: 2.5 Metres Grading 70.34% U3O8 / #10-200: 22.5 Metres Grading 11.3% U3O8 / #30: 69 metres grading 2.33% U3O8 / #10-188B: 7.5 metres grading 29.98% U3O8

ATHABASCA BASIN: WHERE GRADE IS KING!

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Message: Recomendation from Peter Grandich

http://www.grandich.com/2011/05/the-glow-is-back-for-me-for-uranium/

While the uranium shares may have 10% or so more to the downside, I think they are pretty washed out. While there’s no need to chase them, I do think the risk/reward is back on the reward side if one can look past the next few weeks and months.

Therefore, I’m adding the following companies this morning to my “Tracking List”:

Dennison Mines (DML-TSX)
Hathor Exploration (HAT-TSX)
Strathmore Minerals (STM-TSX-V)
UR-Energy (URE-TSX)
Uranerz Energy (URZ-TSX)
Uranium Energy (UEC-NYSE/Alnet)

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