Here is another one worth keeping an eye on:
Uranium North is a spin-off from Diamonds North (DDN.V), which I have followed for a while. Good / straight forward management, well financed (once PP closes), low o/s shares (12 Mil FD and around 20 Mil post PP), sensibly priced warrants and options. Listing is taking a little longer than expected but should be completed shortly as per IR.
Quick summary from their new, very informative website:
“Uranium North Resources Corp. will focus on exploring a diverse property portfolio of over 4 million acres. Contained within this portfolio is a historical resource (6.7 million pounds of U308 - noncompliant with NI 43-101) plus numerous historical U308 prospects with high values. This portfolio distinguishes Uranium North as the only junior uranium explorer with significant and prospective land holdings in what the company believes are Canada's three most prospective basins for high grade, unconformity-vein type uranium deposits; the Athabasca, Thelon and Hornby Bay Basins.”
Any comments would be welcome.
TIA
Uranium North Resources Corp Website Launch
uraniumnorthresources.com
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We are very pleased to launch Uranium North at a time with strong fundamentals for both the sector and the commodity. The spot price recently reaching an all time high and the predicted shortage in present and future supply bodes very well for uranium explorers. With an unparallel portfolio amongst its peers, Uranium North and in turn its shareholders are well positioned to capitalize on this opportunity.
We invite you to review our website. After your review we believe you will understand why we are so excited about Uranium North Resources.
The Company holds over 4 million acres of land in three of the most sought after basins (Athabasca, Thelon and Hornby Bay) and we believe that you will be hard pressed to find another uranium exploration company with this portfolio. Add to that a historical resource (non NI43-101 compliant) on the Amer Lake project; you begin to see why we are so excited about the launch of Uranium North.
Upon completion of the listing and financing of Uranium North, an aggressive exploration program will begin. Preliminary planning and permitting for drill programs are currently underway for the Amer Lake historical resource, South Baker project and the Hepburn project.
On behalf of everyone at Uranium North Resources Corp. I would like to wish us all great luck and success on this new venture.
Mark Kolebaba
CEO & Director
Uranium North Resources Corp.
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Copyright (c) 2006 URANIUM NORTH RESOURCES CORP,. (UNR) All rights reserved. For more information visit our website at uraniumnorthresources.com or send mailto:info@uraniumnorthresources.com |
