From my perspective, and I hope I'm wrong, I do not see the NPSP deal closing anytime soon, uranium prices are not supportive.

In other matters, I think global financial markets are on the cusp of major changes. Greece just became the first country in +/- 35 years to miss a payment to the the IMF. Official employment reports are laughable - no one believes them. Euro bonds are crashing, and that suggests the US will be next. Dow transports are crashing. The "speed" of money continues to fall/crash.

What are investors to do?

Copper and other metals are contracyclical - up when other markets are down -, and both zinc and copper are facing supply deficits. This would suggest that this month, when prices are usually down, would be a good time to buy for a recovery starting next month, and very likely, IMO, for a recovery lasting over the long term.

Why do I say this? Because history shows that as markets in general begin to fail, investors look beyond immediate events to position themselves for the recovery that inevitably follows. Mining tops the list of those sectors that benefit from this.

Having said these things, we need a partner to light a fire under this rocket.

VP