From a recent Seeking Alpha article that featured an interview with Mickey Fulp:

MF: Another junior I very much like in this sector is Strathmore Minerals Corp. (STHJF.PK), which operates in Wyoming and New Mexico. Strathmore is the true super uranium junior company. Strathmore is focused on the Gas Hills of Wyoming and the Roca Honda Deposit in the Grants Mineral Belt of New Mexico. The company presently has about 140 million pounds in the ground resources—by far the highest number of pounds of any company in this sector. These two flagship projects will be relatively near-term producers.

Strathmore will monetize several projects that are not core assets, and recently announced the sale of one of them. They are selling their Powder River Basin properties to Bayswater Uranium Corporation (TSX.V: BAY) for $30 million. The monies from this sale will enable them to permit the two flagship projects and work toward feasibility.

So these are catalysts that could move the Strathmore price, which is presently about 60 cents. A couple of analyst reports coming out of financial institutions are also very bullish on Strathmore now.

TER: What does the timetable look like?

MF: We expect the mine permit application to be submitted very soon to the state of New Mexico for Roca Honda, and the commencement of a bankable feasibility study for that project early in 2010. In the Gas Hills, Wyoming, they are working on the draft of their mine application that will be submitted sometime in 2010.

http://seekingalpha.com/article/165894-mickey-fulp-rare-earths-are-flavor-of-the-year?source=yahoo