I personally put "less" weight on technicals for small caps... especially one with low volume like TTQ (so far ... I think this will change next year). Having said that, I'm quite certain that we'll hit the range technicals suggest by the 1st half of 2010... if not sooner. The economics for CHU are huge... 700 million - 1 billion lbs, still open to depth. Grade gets better at depth... 31 year mine life... O/S shares 50 million.... production cost... < $9/lb.

It will be interesting to see their updated preliminary economic assesment which I expect with their update 43-101 early in 2010.