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Message: Great Day

We had a nice day today as Macquairie Capital bought 123,000 shares this afternoon, wonder what's up? Beginning of a take over offer??

Was at the PDAC conference and got to talk to Guy in great length. About a year ago before the Japanese disaster we had a conditional offer getting ready to present to us but for obvious reason it was withdrawn. We are now ready again, stage is being set up for hopefully 2 offers. While I was talking to him a analyst came over and joined in, I talked about a $2.50 offer and he responded higher! The Canadian Nuclear Regulatory Permit IMHO is but a formality.

Demand for Uranium is looking better as well, 2 plants in Georgia received approval last month the first in 30 some years. In England 8 plants are in the planning stages etc. Russia will stop exporting uranium next year under there nuclear weapon disarmament program.

Cheers

Brighter future.

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