Double Whammy?Mawson is obviously gaining attention for it's very high samples of uranium and gold. Further news such as the approval of a shallow drill permit would bring a lot more excitement and further high speculation that the results just might be consistent with the channeling samples.
Mawson mention:
“Uranium Price Could Easily Double Over The Next Three Or Four Years”
Source: Brian Sylvester of The Energy Report 01/27/2011
Pinetree Capital’s Marshall Auerback sees a number of supply/demand imbalances in the energy space, particularly in uranium. “We like uranium because it’s both a supply and demand story,” he says,believing the price could “easily double” over the next few years. But yellowcake won’t be alone in its ascent up the energy hierarchy. As developing nations begin to realize a standard of living more akin to the West, opportunities could arise in other areas across the energy spectrum. In this Energy Report
exclusive, Marshall decodes the energy enigma, making a strong case for U308, oil and gas E&Ps and even natural gas.
TER: What are some other promising uranium juniors Pinetree has in its stable?
MA: We like Mawson Resources Ltd. (TSX:MAW;OTCPK:MWSNF; Fkft:MRY), which has metal and energy interests in Finland, Peru and Sweden. The stock recently went from
.75 to $1.99.And not long ago, the company increased its landholding at the Rompas Gold Uranium Project in Finland by 40%. Mawson has a strong cash position and a very prospective deposit. Highlights from recent channel samples included 0.95m at 1,424 g/t Au and 1.3% U308 and 2.05m at191.3 g/t Au and 0.44% U308.
Full article: https://www.theenergyreport.com/pub/na/8433