sold my DML and bought a load of Forum today at 7.5 Cents for the long haul play on Uranium mainly on its position and neighbours and partnering.

"Jnn is now at 6 cents! All kinds of firesales at stocks way past 3 year lows, looks like a race to zero, like in 08. DNN hit 81 cents! FIU at 18.5 cents, STM at 32.5. These are insane, we are basically worthless levels."

JNN hit 15.5, a near triple of the recent intraday low of 5.5 cents.

STM.V (Strathmore) hit 60 cents today, it was in the low 30's within the last 3 months.

Something is going on with JNN.V, it hit 22 cents intraday yesterday, up 170% this year.

Mention of Queensland in Australia, which is where Laramide (Lam.to) has it's properties. Current ban on mining still, but there is a vote for a new administration on March 24th that is favorable for the ban to be leifted. Lam.to is up 100% since Oct 2011.

Uranium Reaction

Rob Chang, MBA (416) 849-5008

India planning +14-fold increase in nuclear power capacity by 2032; Uranium rolling
India Powering Up - India’s Power Minister stated that the country plans to have nuclear power generation capacity of 63,000 Mw in the next 20 years. Stating that, “atomic power is advantageous in terms of transportation and storage”, India’s Power Minister Sushil Kumar Shinde made the forecast at the India International Nuclear Symposium.
Ban Lifted - Citing “enormous profits” and job opportunities, the New South Wales Premier has overturned a ban on uranium exploration in the Australian state. With the overturning of the uranium exploration ban in New South Wales, the state of Victoria is now the sole remaining Australian state with a moratorium on uranium exploration. Queensland allows exploration but mining is still banned.
Uranium Rolling - We have told anyone who would listen that when the uranium resurgence comes, it would be aggressive and it would first focus on the producers such as Cameco and Uranium One. That time is clearly now. Week-over-week, Cameco has gained 13.8% while Uranium One has gained 24%.

Up nicely on this news:

http://www.marketwire.com/press-release/....

Paladin Energy Ltd-Long Term Off-Take Contract With a US$200M Prepayment

PERTH, WESTERN AUSTRALIA--(Marketwire - Aug. 15, 2012) - Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) (Paladin or the Company) is pleased to advise that it has entered into an important, long-term off-take contract (LTC) which underscores the operational capability the Company has attained in the uranium supply sector.

Paladin has signed a milestone 6 year off-take agreement with a major utility to deliver a total of 13.73Mlb U3O8 in the period from 2019 to 2024 incorporating a prepayment of US$200M as its key feature. Delivery will be from its current African mining operations or a project yet to be developed from the Company's significant existing project pipeline or a combination of these options. Uranium delivered under the LTC will be sold at market prices prevailing at the time of delivery bounded by escalating floor and ceiling prices.

The prepayment of US$200M will be made to Paladin, in respect of part of the future product deliveries. To secure Paladin's obligation to deliver product representing the prepayment amount, the utility will hold security over 60.1% of Paladin's Michelin project in Canada. The percentage of Michelin secured will be reduced by joint agreement as the value of that project is enhanced by Paladin's ongoing work. The Michelin security can also be replaced by other appropriate security if required.

Here is an excellent article I posted the other week well worth the read

http://www.resourceinvestor.com/2012/07/....

Why Uranium Prices Will Spike in 2013

http://www.blackrangeminerals.com/conten....

BHPB have put the Olympic Dam expansion on hold indefinitely.

Also recently sold off a small Western Aus deposit to Cameco.

TORONTO (SHfn) – Fission Energy (TSX: V.FIS, Stock Forum) shares surged 17% to 75 cents on volume of more than 6.7 million shares Wednesday after Denison Mines (TSX: T.DML, Stock Forum) said it will acquire a portfolio of uranium exploration projects from Fission in a deal valued at about $70 million. Denison has offered shareholders of Fission 0.355 shares of Denison for each share of Fission held. In addition, certain assets of Fission will spun out to a new company to be held pro rata by current Fission shareholders. The new company’s assets will include a 50% interest in the Patterson Lake South property located in the western Athabasca Basin.
Read more at http://www.stockhouse.com/community-news....

Denison has been busy, buying out JNR Resources as well.

Ux stocks are starting to perk up a bit, we'll see if it lasts as it hasn't in the past several years.

http://www.stockhouse.com/news/canadianr....

Forum Hits "Off Scale" at Zone A and 40 Metres of Radioactivity at Otis on NW Athabasca Joint Venture
Forum Uranium Corp. FDC
4/10/2013 6:30:04 AM
Forum Hits "Off Scale" at Zone A and 40 Metres of Radioactivity at Otis on NW Athabasca Joint Venture
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 10, 2013) - Forum Uranium Corp. (TSX VENTURE:FDC) is pleased to announce the completion of 17 holes totaling 3,449 metres on three near surface targets on the NW Athabasca Joint Venture project located in the Athabasca Basin, Saskatchewan. Uranium mineralization was intersected in 8 of 17 holes.
Highlights
Zone A- 4.5 metres of radioactivity with 1.2 metres of "Off Scale".
Otis- 40 metres of radioactivity with 0.1 metres of "Off Scale".
Barney- Strong alteration zone extended...

only 17,839,614 shares out