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Resource World - May 2013 - Vol 11 Iss 5

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TOP 10 STOCK MARKET PERFORMERS by Ellsworth Dickson There are a number of reasons why junior exploration and mining stocks experience a dramatic rise in their share prices. These include excellent assays from sampling or drilling, additional positive assays that confirm the existence of a large mineral deposit or perhaps the discovery of a new, high-grade zone of mineralization. Other reasons include 'closeology,' a term used to describe a company's mineral property located near a major discovery. Sometimes a stock price will rise when a company puts out an impressive NI 43-101 resource or reserve report, or perhaps a favourable Preliminary Economic Assessment. A great feasibility study with a robust bottom line is also conducive to a rise in share price. A rise in share prices is not always sudden and dramatic; it can rise slowly and Alpha Minerals Inc. TICKER SYMBOL: AMW-TSXV; E2G-FSE SHARES OUTSTANDING: 20,655,561 YEAR HIGH-LOW: $5.10–$0.20 Alpha Minerals Inc., formerly ESO Uranium, has experienced a dramatic uptrend in its stock price based on excellent drill results from the Patterson Lake South uranium project in the Athabasca Basin of northern Saskatchewan. The project is a 50/50 joint venture with Fission Energy Corp. The following assay results are from drill hole PLS13-038, the first hole drilled on the R390E zone. PLS13-038 is in the R390E Zone located 385 metres drill grid east of the Patterson Lake South discovery hole PLS12-022 at the R000E Zone. Composited drill hole mineralized intersections for PLS13-038 returned two broad zones of uranium mineralization: UPPER URANIUM ZONE = 34m (87.0m – 121.0m): 34.0m at 4.92% U3O8; Grade times 8 www.resourceworld.com steadily as months go by and a company meets its various challenges such as grade, tonnage, feasibility and financing ability as the project heads toward commercial production. Along the way, it helps to have a management team that investors can place their faith in, as well as a project location that bodes well for advancement to production. Granted, some juniors deliberately target difficult countries or locales as there is a higher risk/reward ratio. It's up to the investor to determine his or her level of risk tolerance in this highly speculative investment sector. Perhaps the two greatest challenges for junior mining investors are to identify which companies are most likely to see a big rise in share prices and when to buy and sell, which are topics beyond the scope of this article. Suffice to say, with such volatile stocks as junior miners, the old fashioned buy-and-hold strategy usually doesn't work. The phrase 'the trend is your friend' does not apply here as junior mining companies have been in a bear market for about two years now. As you know, prevailing market sentiment, which is driven by many factors, plays a big role in determining the price of shares. Many junior mining companies have seen their share price slide south; however, there are a few that have bucked the trend. For this feature, we combed through many stock charts looking for those juniors that have made their shareholders very happy; we present them below. Some were short term investment opportunities while others were more long term. Thickness Product = 167.3 Including 12.5 metres grading 12.38% U3O8 Including 0.5 metres grading 35.10% U3O8 LOWER URANIUM ZONE = 17.5m (126.5m – 144.0m): 17.5 metres grading 0.96% U3O8; Grade times Thickness Product = 16.8 Includes 5.5 metres grading 2.07% U3O8 All intersections are core length measurements and not true width. This hole follows a number of excellent earlier intersections which bodes well for defining an economic uranium deposit. Fission is operator until April 1, 2014. The property is road accessible from all-weather Highway 955, which runs north to the past-producing Cluff Lake uranium mine. On April 10, Alpha and Fission reported Hole PLS13-037 intersected multiple intervals of mineralization totaling 23 metres including: • 7.5 metres grading 2.25% U3O8 from 71.0 metres to 78.5 metres; • 2.0 metres grading 6.31%U3O8 from 105.0 metres to 107.0 metres; • 2.0 metres grading 12.4% U3O8 from 120.0 metres to 122.0 metres. Drilling operations continue. Alpha Minerals also holds various interests and is involved in several joint ventures in the Athabasca Basin, including the Cluff, Hook and Cree prospects. Joint venture partners include Rio Tinto PLC [RIO-NYSE], Uravan Minerals Inc. [UVNTSX.V], Logan Resources Ltd. [LGR-TSXV] and Acme Resources Inc. [ARI-TSXV]. n M AY 2 0 1 3

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