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FairPoint Communications FRP

"FairPoint is the seventh- largest local telephone firm in the United States, following its acquisition of Verizon's northern New England assets. It operates in 18 states serving 1.4 million access lines, though nearly 90% of these are in Maine, New Hampshire, and Vermont. The firm was founded in 1991 and has its headquarters in Charlotte, N.C."


NDAQ:FRP - Post by User

Post by tas20on Apr 17, 2005 8:04am
202 Views
Post# 8916287

uranium

uraniumi have been out of the country for a month but did get to read the nr. about the joint venture. i talked to management this week and now believe they have found a vehicle to dramatically move this stock while we are waiting for the tedious process of Greek permitting to take place.first if anyone has been following the sask. uranium plays they have made investors BIG money on what i have always considered small ore bodies and or low grades. the kicker has been large land masses. i think everyone should do some number crunching on the peru property and compare it to sask.a bush here are some basic facts: they have staked over 30,000 hectares the grade runs up to 25% outcroppings are numerous,Mohan and another leading uranium geologist are beginning a intensified program on May 3rd. there are at least 30 separate targets that will be tested. uranium sells for 23$ us a lb. the world other than north america is building nuclear power plants like crazy to generate power to keep their economies going. oil production has peaked. if there is a overall grade of 1% uranium on this property (which i a VERY good Possiblity) that translates into 22lbs. a ton times 23$ is 506$ per ton or MORE THAN 1OZ. per ton of GOLD.this project will be fast tracked.those are facts. buy low sell high is a proven formula unless its sell high buy low which is not possible right now.frp is selling at historic lows based on NO news from Greece bad news from Turkey and poor general market conditions take a serious look at this because i have Never seen a better uranium play.
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