If yesterday's preliminary release of information on Azincourt Uranium, Inc. (AZURF) wasn't enough to get speculative investors' mouths watering as one potentially promising junior uranium miner, maybe this morning's news will. We explained yesterday all of the details surrounding the history and future potential of the Athabasca Basin, a region in the Canadian Shield of northern Saskatchewan and Alberta Canada, which has for years produced the highest uranium grades in the world. The Basin, as it is commonly known, provides nearly 20% of the world's high grade uranium and has an average grade of 2% (ten times higher than the world average). More importantly, Azincourt Uranium owns a stake in the Basin, specifically a 10% stake in the Patterson Lake North property (PLN), which also includes the option to earn up to a 50% interest in Fission Uranium Corp.'s PLN stake as well. Why's that so important? Fission 3.0 is the Operator at PLN, and the Fission technical team has made two major discoveries in three years. The team is led by chief geologist Ross McElroy who has been instrumental in four of the last nine major uranium discoveries in the Athabasca Basin. That's what we already knew, but just this morning, the Company announced another major initiative in another potentially promising area of the Basin known as the "East Preston Project", whereby Azincourt has entered into an agreement with Skyharbour Resources Ltd. and Clean Commodities Corp. (collectively the "Property Owners") that would allow Azincourt to acquire an undivided seventy per cent (70%) interest in the Property Owners East Preston Project located in the highly prospective western Athabasca Basin (the "East Preston Project"). Key highlights detailing the highly prospective uranium corridor and the project include; Azincourt may acquire a 70% interest the Eastern portion of the Preston Project consisting of approximately 22,329 contiguous hectares. The Preston Project is one of the largest tenure land positions in the Paterson Lake region and currently consists of 121,148 hectares strategically located near NexGen Energy Ltd.'s high-grade Arrow deposit, Fission Uranium Corp's Triple R deposit and AREVA/Cameco/Purepoint's joint venture (Spitfire). AREVA recently optioned 49,635 hectares of the Preston Project for $7.3 million in exploration expenditures Over CDN$2 million in exploration expenditures on the East Preston Project over the past three years. Several high priority drill targets identified within multiple prospective exploration corridors delineated through recent geophysics and ground evaluation. Paul Reynolds, CEO of Azincourt commented, "We are excited to option the East Preston uranium project. Azincourt now has two properties located in the western part of the Athabasca Basin, one of the most compelling high-grade uranium regions in the world. Given the historical work that was previously completed on this project, as well as it being adjacent to the Preston Project in which AREVA Resources Canada can earn 70% through $7.3 million in exploration we feel we have potential to extract significant value for our shareholders." The bottom line when it comes to generating homerun type returns in any junior mining play is the Company in question must meet some very specific criteria, or one can pretty much forget about generating any substantial returns at all - the Company must be exploring in a proven area, the Company must be well-capitalized enough to see its effort through, and the Company must have all of the necessary management experience to get the job done. It's our own internal analysis and thinking AZURF has the necessary ingredients to potentially give investors with some appetite for risk a real opportunity, and exposure to one of the worlds' most rare and precious commodities, uranium. We also strongly recommend investors of interest in Azincourt Uranium, Inc. (AZURF and VPT.V) read the press release in its entirety by going here: http://finance.yahoo.com/news/azincourt-uranium-announces-option-agreement-110000259.html SPYR Inc., (SPYR) Reveals Short Interest In Stock - Squeeze Coming? Yesterday, our newest addition to the SCN Editorial Staff, Michael McCarthy, covered something many found to be fascinating, as the feedback has been off the charts in the last 24 hours. Here's Michael's article in its entirety: Everyone who's been around the stock market long enough knows what a "short squeeze" is, and if you don't already, you'll quickly come to learn it's probably one of the most prolific moves a stock can make - outside of a major fundamental/catalytic positive news event from a Company that dramatically drives the price of a stock higher. As a matter of fact, in some cases, the short squeeze is often even more powerful than the news event itself. First, short selling is exactly the opposite of buying a stock. It's the process of selling a stock you do not own with the idea of buying it back at a lower price, and thus profiting from the difference. However, in order to short a particular stock, your brokerage firm must go out, find the stock and subsequently borrow it for your short position to be in effect. Now, with that in mind, you've probably seen it several times - whereby a stock finds a new long-term low, or has some sort of fundamental event take place via a press release etc., and then all of a sudden, the stock in question is up 20%, 30%, 40% or in some cases much more, all in a single day. What happened? Enough buyers came into the market forcing the short sellers to cover their positions. The end result has a compounding buying effect known as the "short squeeze", which sends the stock through the roof in an absolute tizzy. There's been an awful lot of speculation in recent years, and much of it being proved, that many stocks have also become victim to "naked shorting", which is actually supposed to be illegal. Naked shorting is the process of shorting a stock when there's no borrow available. Meaning, continuing to short a stock, whereby there's not even anymore stock out there to short. It's a very big subject of debate - one that runs emotions very high. Case in point - Just this morning, SPYR, INC. (SPYR), a holding company with wholly owned subsidiaries in both the mobile game & app development and publishing industry, and in the restaurant industry today announced BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on SPYR Inc. (SPYR) after releasing the latest short sale data through March 21, 2017. BUYINS.NET found the following: (a) The total aggregate number of shares of SPYR's common stock shorted since September 2009 is approximately 28 million shares; (b) Approximately 32.60% of daily trading volume is short selling; The SqueezeTrigger price for all SPYR shares shorted is $0.423; and, (c) Shares of SPYR are above the SqueezeTrigger Price. According to BUYINS.NET, a short squeeze has begun. Regulation SHO requires bona-fide market-making activities to only include making purchases and sales in roughly comparable amounts. The SEC stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies for the investment purposes of the broker-dealer, and that is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making. Based upon BUYIN's "Squeeze Trigger," and "FrictionFactor" research on SPYR, 58% of the 38 previous trading days indicated negative or bearish-biased market activity that in BUYIN's opinion is indicative of unfair market making. The BUYINS.NET Report can be reviewed at: http://www.buyins.com/reports/spyr3-21-17.pdf. BUYINS.NET's analysis of the SqueezeTrigger can be reviewed at: http://www.buyins.com/images2/spyrstr3-21-17.jpg, Data from BUYINS.NET regarding the Friction Factor can be viewed at: http://www.buyins.com/images2/spyrff3-21-17.jpg. Click here for detailed information about BUYINS.NET: http://www.buyins.com/brochure.pdf. BUYINS.NET monitors SPYR market-makers daily for compliance with Fair Market-Making Requirements. As you can see, there's quite the saga taking place in SPYR right now with respect to the way the stock's been trading over the last several weeks. The daily chart below reveals precisely what has happened from a price action perspective, and it becomes quite evident it's parabolic move back in February could well have been a massive short squeeze based on the way the stock behaved. There's a few very key things to take away from this morning's news from SPYR, at least in my own very humble opinion. First, I strongly suggest you go look at the data and see for yourself, it's an exercise every investor should practice if they want to truly be stock market educated. Second, keep a very close eye on SPYR, because as exciting as this particular mobile gaming play is starting to become, we'd be very surprised if the Company doesn't have far more exciting news on the horizon. Lastly, and probably most important, when we couple all of the above with what has happened with SPYR in the past, and then we include the potential growth of eSports, and how that may play into the hands of SPYR's future, one has to wonder if what happened back in February could happen again - a parabolic short squeeze with massive price appreciation potential. Never say never. We've seen it before, and we'll definitely see it again. It's just going to be whether or not it's SPYR that ends up being the victorious recipient of such a rare and eventful market anomaly.