Member Info for Handygandhi

U3O8 Spot Price $60.50lb. http://www.uxc.com/review/uxc_Prices.aspx

That was the conclusion I came to this afternoon, but couldn't put it into words as well as you have done! However, I did the next best thing and bought 100,000, with a strong belief that we are both right.

HRE is Hameldon. HMB is Hambledon. It was Dow Jones who made the mistake, not me! Please see copy of email below: Hameldon Resources Raises GBP0.67M Via Share Placing/0.6P >HRE.LN‏ 22/11/2010 Reply ▼ Panchal, Tapan Add to contacts To '***********@hotmail.com', Walker, Ian(News – London) Greetings **** We have now posted the correct version of the article. Thanks for pointing it out. Best, Tapan

Just phoned Dow Jones and they tell me that the announcement should be HRE!

I think the following announcement concerns HMB not HRE. LONDON (Dow Jones)--Hameldon Resources Ltd. (HMB.LN), gold mining and exploration group, which is operating the Sekisovskoye gold mine close to Ust Kamenogorsk in East Kazakhstan, said Monday it has conditionally placed 111.67 million new ordinary shares with new and existing investors at 0.60 pence per share to raise GBP670,000 before expenses. MAIN FACTS: -Proceeds of the placing will be deposited into an escrow account pending satisfaction of conditions precedent. -Company has also entered into a transaction to invest GBP429,999 in Ascot Mining PLC (ASMP.PM) by way of a subscription for convertible loan notes issued with a 10% coupon, redeemable in 2015, and convertible at any time at HRE's discretion into new Ascot ordinary shares at 20 pence per share. -HRE also has been granted warrants to subscribe for 3.01 million additional new Ascot ordinary shares at 20 pence per new Ascot ordinary share, valid for five years. -Hameldon Resources shares at 1335 GMT down 0.01 pence, or 1.2%, at 0.81 pence valuing the company at GBP1.34 million. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com (END) Dow Jones Newswires November 22, 2010 08:38 ET (13:38 GMT) Copyright (c) 2010 Dow Jones & Company, Inc.

Fuel Price Indicators (Delayed) Ux U3O8 Prices* About Uranium Prices Ux Conversion Prices Ux SWU Prices Weekly Spot Ux U3O8 Price as of November 15, 2010 Change from previous (week) 1 US$ = 0.73603 € U3O8 Price (lb) $59.50 [+1.00] €43.79 [+0.74]

http://resourceinvestingnews.com/9588-uranium-spot-price-climbing.html

Stephen Dattels, Emerging Metals Co Chairman commented: "Uranium pricing prospects remain strong. The ability for the Company to invest in physical quantities of investment metals as well as mining projects gives us the flexibility to capitalise on shorter term pricing movements with the objective of generating meaningful returns to shareholders. Whilst cash available for investments remains strong, we are confident this first physical commodity investment will rapidly demonstrate the value of our broader investing policy to shareholders."

http://www.bloomberg.com/news/2010-10-21/uranium-will-rise-19-as-demand-outstrips-new-supply-morgan-stanley-says.html

http://www.uxc.com/review/uxc_Prices.aspx

Buy uranium. This unique energy source is a "backdoor play" on the growth of Emerging Markets. There are 436 nuclear reactors in 30 countries around the world. But here's the important thing; there are over 200 new plants in some stage of planning, engineering or construction. And most of these new plants will open in a Developing World nation. But there's not even enough uranium coming from the world's mines right now to supply the current power plants across the world, let alone a couple hundred more. Thus, the uranium story is really quite simple. It is a supply and demand story. There is a lot of demand and not much supply. Any questions so far? Mined supply of uranium satisfies only about 55% of total demand. The rest of the supply comes from somewhere else. These secondary sources of uranium come primarily from old nuclear warheads. But no one really knows how this enormous supply gap will resolve itself in the future. This is what we do know: when you get a supply deficit, prices rise. And I think that will be the case with uranium...

According to the RNS of 27Sept., Zest raised £630K. for working capital. How on (rare) earth can they buy any rare earth companies, or even make substantial investments in them with that kind of money? Massive fund raising and dilution on the cards methinks!

It would appear that the Carnegie shareholders are not happy with this announcement! http://www.asx.com.au/asxpdf/20101105/pdf/31tqbxkfsbkkl2.pdf

I think there is a bit of 'tree shaking' going on. "Am I bovvered?"

100,000 just been declared at 11p.

13:53

15:33hrs. was the time of my deal with NatWest.

10.1p. not 10.01p., not that .99p will make much difference in years to come!

Picked up 25,000 @ 10.01p. If these perform as well as BEM have done, I shall be a very happy bunny!

About 20 years ago I used to go to the Valley Lodge on a Thursday night hoping to 'Grab a Granny'!