Onepath's U pick ...
note to myself:
Onepath already nailed ULU at 65 cents but I was
aspleep .....
To: koan who wrote (28594) 12/30/2006 1:25:51 PM
From: onepath Respond to of 28611
on uranium koan.Check out this one as there has been very little interest so far but that was also true about ULU when I posted on it(dec20)it was then trading in the .65 range.
The symbal is NAC.Good gold properties and uranium assets that they are due to soon spin out.Also low shares out(20 mil).
North Atlantic adds Abelajouad licence in Niger
2006-03-08 18:49 ET - News Release
Dr. Jon North reports
NORTH ATLANTIC RESOURCES ACQUIRES 2,000 SQUARE KILOMETER URANIUM EXPLORATION PERMIT IN THE ARLIT REGION, REPUBLIC OF NIGER, WEST AFRICA
North Atlantic Resources Ltd. has been told that the cabinet of the Republic of Niger, West Africa, has approved and granted the company the 2,000-square-kilometre Abelajouad exploration permit.
"The company has been exploring for gold in neighbouring Mali since 2002 and has made two discoveries since then. We are very pleased to make this announcement and to expand our business interests into uranium exploration in Niger. We strongly believe in the people and geology of the region. It is our intention to operate this new business venture in the same way that we operate in Mali -- with a minimum of expatriate employees and with optimal resources devoted to exploration."
The Republic of Niger is an immature jurisdiction entering its first cycle of uranium exploration lead by innovative junior exploration companies. Niger is a French-speaking, landlocked, peaceful, democratic country. It is the world's fourth largest uranium producer with annual production of approximately 35,000 tonnes of U3O8.
Abelajouad is in the Arlit region in northeast Niger and is accessible by charter flights and by paved road, approximately 800 km northeast of Niamey, the capital city. The eastern boundary of the property is five kilometres west of the Imouraren deposit (Cogema), which contains 3.6 million pounds of U3O8.
siliconinvestor.com
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