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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: James Cook who started this subject1/16/2002 10:41:02 PM
From: teevee   of 14627
 
OFF TOPIC...

If anyone is interested in a junior about to explore for uranium, check out the PSM.TO story, latest news release and information circular on Sedar. Currently my exposure to uranium is via CCO.TO, but I find the PSM story interesting as the share price is cheap($.18) and the geology is as good as its gets when it comes to uranium. PSM and CCO are spinning off uranium well located exploration holdings in the Athabaska basin into a new company called UEX. Prior to financing, PSM will own 60%, CC0 40% and will manage exploration. Financing is targeted between $2.5 and $10 million. A coast to coast "dog and pony" road show is in the works. It will be interesting to see how receptive the markets are for a high quality uranium play with exploration managed by the largest uranium company in the world.
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