With oil prices charging higher and serious questions being raised about the ability of the market to withstand another Middle Eastern war, major terrorist strike or widespread work stoppages it seems the market is shifting its attention to energy.
Reefton Mining (ASX: RTM) put on just shy of 26% today on the back of more than 76,000,000 shares traded. All they really had to say was that they'd confirmed old surveys that there was uranium with a geiger counter. It will take weeks before they even are able to begin to attach meaningful numbers to the survey.
With that in mind and the changing attitudes of governments and individuals to uranium bought about by rising energy prices and the Kyoto protocal, I would like to start a search for other Uranium explorers traded on the ASX with good management. Exploring for uranium abroad in jurisdictions that aren't as prohibitive as Australia is a plus, as is exploration near to areas with proven resources and an operating mine. I will be looking over the coming days and will post results here. Please feel free to chip in with any analysis of your own - including any abuse from people that think the entire premise is a long way off the mark.