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Looking Around

 While having a general look around, I decided to have a closer look at Deep Yellow (ASX: DY{), and what I saw was interesting.

The latest announcement shows one of the directors more than doubling hi share holding, buying on-market. And I thought: Wow! That's a vote of confidence. What's going on?

So  I lookoed back a few months to a presntation the company did at Noosa, and what I read was very inteesting.

If  I was looking at long-term, I would investigate some of their claims further, and look deeper into the industry. Their charting looks very interesting, both of their share performance and of the uranium pricing. And the uranium pricing is looking very interesting after a 10-year holding pattern.

They are very diversified (geographically) and this leads to various claims about future company performance. There are also various claims and forecasts about the future of nuclear energy. So it is always important to do some deper research, but I think this one is well worth the effort.

They talk about a 20-year life of mine, so this is one that long-term holders might expect an ongoing dividend income from.

For the short-term, there is news due out this quarter.

Oh, and what did the share price do when the Director increased his holding, it went up 10%.

My advice, have a read of the July presentation and do some more research. Then choose your path.

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