Xemplar Energy Corp XEPRF

Chinese in Namibia

[DUMDOM]

On Nov 1, ASX -listed Marenica Energy secured $5 million from a Chinese partner(China's Hanlong Energy) to fund the next phase of exploration on Its flagship uranium project in Namibia.

This is very significant . The Russians and Areva are also very active in Namibia. The fact of the matter is, Namibia is elephant country if you are looking for uranium. The grades are low but the deposits are huge and nuclear reactors need a secure, long term source of U.  XE's Namibian assets are becoming more valuable with each passing day. Buy low, sell much higher.

DUUUMMMMDOMY