Monday
Aug142006
Strateco Resources Inc.
Monday, August 14, 2006 at 10:12AM
Strateco Resources Inc.
Strateco resources Incorporated is a uranium and gold exploration and mining company preparing for take off.
Strateco Camp in the winter.
Having spent a few winters in Fort McMurray I know how tough it can be, but “no pain no gain” as they say.
One of the key factors when investing your hard earned cash is to look for a good management team. Guy Hebert and Jean-Pierre Lachance have over 60 years of experience between them along with impressive qualifications in Geology.
Most of Strateco’s activity is centred in Quebec which from a geopolitical perspective is about as safe as you can get.
The company owns 100% of five mining properties and has interests in 497 claims covering 20,000 hectares.
The company’s gold projects include Discovery, in which it has a 100% interest and is expected to produce approximately 255,000 ounces gold resources this year.
We have not made a purchase yet, but this stock is high on our Watch List. When an appropriate entry level shows itself we will be buyers.
The stock recently traded at $1.25 and can be found on the TSX trading under the symbol of RSC. It has recently traded as high as $1.65 and as low as a $0.80. The volume is good and provides liquidity and there was over a million shares traded on 11 August 2006. The market capitalisation is approximately $111 million.
Footnote:
We are actively researching many other uranium investment vehicles, not just uranium mines, however, there are many that are no more than shells with a bag full of stories. We do have a preference for a story with a little substance to it before we invest our money into it.
Our investment portfolio consist of only 4 stocks at the moment and they are:
Cameco Corp
Fronteer Development Group
Laramide Resources Ltd
Mega Uranium Ltd
Also see our reviews on this website.
However we are intent on expansion.
14 August 2006
Strateco resources Incorporated is a uranium and gold exploration and mining company preparing for take off.
Strateco Camp in the winter.
Having spent a few winters in Fort McMurray I know how tough it can be, but “no pain no gain” as they say.
One of the key factors when investing your hard earned cash is to look for a good management team. Guy Hebert and Jean-Pierre Lachance have over 60 years of experience between them along with impressive qualifications in Geology.
Most of Strateco’s activity is centred in Quebec which from a geopolitical perspective is about as safe as you can get.
The company owns 100% of five mining properties and has interests in 497 claims covering 20,000 hectares.
The company’s gold projects include Discovery, in which it has a 100% interest and is expected to produce approximately 255,000 ounces gold resources this year.
We have not made a purchase yet, but this stock is high on our Watch List. When an appropriate entry level shows itself we will be buyers.
The stock recently traded at $1.25 and can be found on the TSX trading under the symbol of RSC. It has recently traded as high as $1.65 and as low as a $0.80. The volume is good and provides liquidity and there was over a million shares traded on 11 August 2006. The market capitalisation is approximately $111 million.
Footnote:
We are actively researching many other uranium investment vehicles, not just uranium mines, however, there are many that are no more than shells with a bag full of stories. We do have a preference for a story with a little substance to it before we invest our money into it.
Our investment portfolio consist of only 4 stocks at the moment and they are:
Cameco Corp
Fronteer Development Group
Laramide Resources Ltd
Mega Uranium Ltd
Also see our reviews on this website.
However we are intent on expansion.
14 August 2006
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