Cobalt Plays and Uranium plays Message Board

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Gold/Mining/Energy : Cobalt Plays and Uranium plays

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To: NYBob1 who wrote (46)	5/11/2007 12:25:09 PM
From: NYBob1	of 57

Russell Industries Continues Acquiring Uranium Mining Claims - Russell Industries, Inc. (RSDS) announces that it has acquired an additional 50 Uranium Mine Claims in San Juan County, UT. The claims are located in close proximity to the Company’s other Rage Claims. This acquisition raises Russell Industries current total of San Juan County Uranium Claims to 254, covering an area of 5,080 acres. The company plans to begin mining operations, with estimated reserves of up to 1,000 tons of Uranium, in May. Ex. vs. nearby uranium operations - DNN - The Company acquired five uranium deposits located in the Arizona Strip district in north eastern Arizona for cash consideration of $5,500,000 plus a 1% royalty from Pathfinder Mines Corporation, a subsidiary of the AREVA group ("AREVA"). Denison also committed to sell AREVA up to 6,500,000 pounds of production from the Company's White Mesa mill. - Denison's average sales price in the first quarter was $62.27 per pound. Message 23510954 Subject 57004 investorshub.com investorshub.com investorshub.com

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