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« Uranium Sealed Bids Result: A staggering $113/lb! | Main | Khan Resources: Up 10.91% in a day »

RPT Uranium Gains 4.88% in a day

RPT Uranium moved up yesterday on an increased volume of almost 1.4 million shares traded.

The first phase of a winter diamond-drilling program on the Split Rapids has recorded 4.68 Percent U308 Over 0.72 metres. So far, ten drill holes have been completed, for a total of nearly 3000 metres.

To quote Dr. Hikmet Akin, president of RPT Uranium Corp:

In view of the encouraging results obtained to date at Split Rapids, the company is now commencing a phase 2 drilling program, which will test the whole length of the 900 metre long iron formation on a systematic basis. Twenty-one holes totalling approximately 3000 metres are planned. Drilling is planned to continue through the spring break-up.

Its now a case of watch this space.

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Reader Comments (2)

Great newsletter, however there are two companies I'd like to see some coverage on. They are Energy Fuels Inc. (T.EFR) and Waseco Resources Inc. (V.WRI). Energy Fuels are in near production with properties in the US that are close to milling sites and Waseco have just made a major uranium discovery that drove thier share price to over a dollar and now trades at 0.77 looking like a good entry point.

April 7, 2007 | Unregistered CommenterRay

We try to look at as many uranium stocks as we can, and then we write about the most intrigueing stocks and the ones we think will generate the most profit on the site.
We will try and get to these stocks as soon as we can

April 14, 2007 | Unregistered CommenterUranium Stocks

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