Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Uranium Stocks
Uranium Price
Our RSS Feed

Uranium Updates

Enter your email address:

Follow Us on Twitter
« URANIUM ONE: Suspends Honeymoon uranium mine | Main | A visit to the Green Room! »
Monday
May192008

Aurora’s community outreach programme lifts stock 11.58%!

Aurora small logo

Aurora Energy Resources Incorporated has announced its intention to implement an outreach programme where the focus will be on building community support. The company has said that for the remainder of the year its activities will include a tailings management options study, an environmental baseline program, a community outreach program, a training plan, engineering studies, and ongoing infill drilling.

As we see it this is a good and extremely necessary move if they are to convince the Nunatsiavut Government that the Michelin Project can be developed on a safe basis. This news release also covers technical issues, however, it is the ‘winning’ of the peoples support that is critical to this projects progress.

Meanwhile we found these comments on the National post by RBC Capital Markets analyst Adam Schatzker, who said: "We believe [Aurora's] outreach efforts may generate goodwill among local stakeholders and should bolster the company's reputation," He also rates the stock as an "outperform" with a price target of $8.00. He considers that a "conservative" price target, even though it is roughly double the current level.

Double in twelve months! Yes! That’s our kind of investment criteria, well, if you don’t have dreams they can’t come true, can they?

The stock was up $0.47 to close at $4.53 on Friday.

If you are new to this web site and wish to receive our FREE newsletter regarding investment in uranium stocks and updates regarding uranium, then please click here to subscribe.




PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>