One of my newsletters- Dines TDL (who has been a poor prognosticator of late) - says "any recovery rally by uranium shares could be steep". Lets hope he is right this time. All my U's are showing some signs of stirring. The last 2 days for PNP are very upbeat. PNP is not really a Uranium ETF as its holdings in McFauld's Lake should be the biggie this year. I hadn't realized it holds a ton of PRB, TME, UC and WSR as well as NOT.

The latest purchase of Western Potash looks promising. I wonder if that is worth a seperate investment. It dropped 9 cents to a $1 on opening. WPX was listed on the TSX Venture as of May 8th, 2008. Has anybody bought into WPX? The following quote is from their website.

"Western Potash Corp. was formed when the opportunity to acquire key prospective ground adjacent to known Potash deposits in the province of Manitoba, Canada, presented itself. In July 2007 a private consortium obtained the potash rights on 542 square kilometers, adjacent to BHP Billiton’s Lease and Agrium’s Exploration permits, within 13km of Saskatchewan Potash corps’s Rocanville Potash mine."