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To: Andrew~ who wrote (1788)	7/10/2013 10:38:41 AM
From: Goose94	Respond to of 202691

Tomorrow observers of the market will focus on Federal Reserve Chairman's Bernanke speech the same day minutes from the June meeting are published. In the past, each time the Professor from Princeton has spoken, he has confused the markets and precious metals have been hammered down. Investors for the past two years have been selling precious metals and hard assets and moving into the U.S. dollar and financial sector which have had a major bounce.In 2011, I warned my readers at the height of the precious metals market about a healthy correction as the precious metals market was attracting the retail public. On Sept 1st, 2011 I wrote "Its been a long run for the beast...it may represent a healthy and necessary correction in what we view as the ongoing highway of the long secular rise. These thoughts should not be regarded as bearish analysis at all. Instead they are being presented as a technical and healthy possibility to eliminate current media hyped precious metals euphoria and avoid buying gold bullion at an interim top." Many readers followed my writings and took profits as gold and silver hit technical targets. Now, gold is down 40% and silver is down more than 50% off its 2011 highs. It is reaching historic oversold levels and far surpassed our support levels which often happens during volatile shakeouts. However, the emerging markets currencies, the Indian Rupee and Yen are experiencing waterfall declines indicating many global currencies are on the brink of disaster. The Indian Government is even making restrictions of precious metal purchases as the currency collapses. In order to promote stability, the Fed will need to continue to devalue the dollar. Interest rates in the U.S. are rising rapidly. It may be only a matter of time before the U.S. dollar reverses lower and follows the path of all fiat currencies. The U.S. Government does not want soaring interest rates and a strong dollar. They need to pay down their record $17 trillion debt with cheap dollars. They will try their best to promote inflation. Bernanke should probably say something dovish tomorrow as interest rates begin rising rapidly since the last meeting. Tapering talk should probably be mitigated. Rising interest rates with a strong dollar and falling foreign currencies could put major pressure on the so called economic recovery especially the banking and housing sector. Remember a lot of money going in U.S. real estate over the past few years has come from overseas as the U.S. still suffers with high unemployment. A rising dollar hurts overseas investment into the U.S. real estate market. The Fed does not want rising yields and I believe Bernanke will instead focus on the Fed's commitment to continue buying mortgage backed securities and treasuries to the tune of $85 billion a month. At the end of the day The Fed needs low interest rates to pay their soaring debts. Remember it was only a few months ago that Professor Bernanke announced QE to Infinity. After Bernanke spoke about tapering in June, a whole litany of other Fed mouthpieces came out and tried to provide dovish commentary on his statements. Gold looks like it could be making a bullish reversal on the momentum indicators. As precious metals and commodities have become ignored by the masses, now is a great time to prepare for the coming hard inflationary times ahead by finding quality junior miners that are well managed, in safe jurisdictions and have financial support. These real assets historically have been the best assets to own in a time when governments are printing money like madmen. Look for increased M&A, which we are already beginning to see. The majors look at bankable feasibility studies (BFS). Gold Stock Trader

To: Andrew~ who wrote (1788)

7/23/2013 10:03:22 AM

From: Andrew~

Read Replies (1) | Respond to of 202691

Skyharbour Resources Ltd.: Western Athabasca Syndicate Extends VTEM Plus Geophysical Coverage and Starts Radiometric Survey for Saskatchewan Uranium Exploration

*Skyharbour Resources Ltd.*	TSX VENTURE: SYH
*Skyharbour Resources Ltd New*	PINKSHEETS: SYHBF

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 23, 2013) - Skyharbour Resources Ltd. (TSX VENTURE:SYH)(PINKSHEETS:SYHBF) ("Skyharbour") is pleased to announce that the members of the Western Athabasca Syndicate; Skyharbour, Athabasca Nuclear Corp. (TSX VENTURE:ASC), Noka Resources Inc. (TSX VENTURE:NX) & Lucky Strike Resources Ltd. (TSX VENTURE:LKY) ("the Syndicate") have completed an additional 720 line kilometres to the 4120 line kilometre VTEM plus time domain geophysical survey on the Western Athabasca Syndicate Project. The additional coverage consisted of infill and extension of conductive anomalies and structural features identified by a preliminary review of the geophysical data.

Western Athabasca Syndicate Project claims map:

skyharbourltd.com

The Syndicate is also pleased to announce that the high resolution airborne radiometric survey on the Western Athabasca Syndicate Project has started. The contract was awarded to Goldak Airborne Surveys who will be collecting radiometric data be using a digital acquisition system that is proprietary to Goldak. A total of 4400 line kilometres at 200 metre line spacing will be flown using a 50.4 liter crystal volume detector to locate uranium boulder trains, in-situ uranium mineralization and alteration associated with uranium mineralization systems.

The Syndicate is using Phil Robertshaw (P.Geo., Saskatchewan) to review the VTEM plus and radiometric data and provide detailed interpretation when the surveys are completed.

About the Western Athabasca Syndicate:

The Western Athabasca Syndicate is a strategic partnership formed between Skyharbour, Athabasca Nuclear, Lucky Strike and Noka to explore and develop a 287,130 hectare (709,513 acre) uranium project base (the "Western Athabasca Syndicate Project") that is the largest mineral claim position along the highly prospective margin of the Western Athabasca Basin controlled by a single group. The Western Athabasca Syndicate Project is strategically located in all directions around Alpha Minerals Inc. (TSX VENTURE:AMW) and Fission Uranium Corp.'s (TSX VENTURE:FCU) Patterson Lake South ("PLS") recent high-grade uranium discovery and adjoins projects being advanced by Fission Uranium Corp., Forum Uranium Corp., Aldrin Resources Corp., NexGen Energy Ltd., Zadar Ventures Ltd., Azincourt Resources Inc. and other regional exploration companies. The project is bisected by the all-weather Highway 955, which runs north through the PLS uranium discovery, being advanced by Fission Uranium Corp. and Alpha Minerals Inc., through to the former Cluff Lake uranium mine.

Under the terms of the Agreement, each of Skyharbour, Athabasca Nuclear, Noka and Lucky Strike will receive an option to earn 25% of the Western Athabasca Syndicate Project by making a series of cash payments, share payments and incurring exploration expenditures totaling $6,000,000 over the two-year earn-in term of the agreement.

Uranium and the Athabasca Basin:

The Athabasca Basin of northern Saskatchewan hosts the world's largest and richest high-grade uranium deposits accounting for approximately 20% of global primary uranium supply. Athabasca uranium deposits have grades substantially higher than the world average grade of about 0.1% U3O8. The two dozen or so known uranium deposits within the Athabasca Basin have average grades of more than 3.0% U3O8.

The Patterson Lake area has received escalating exploration attention and claim acquisition activity as a result of the new, shallow discoveries made by Alpha and Fission which includes the recently reported drill interval of 6.26% U3O8 over 49.5 metres in drill hole PLS 13-053. This mineralized zone is located approximately 400 metres to the northeast of discovery hole PLS 12-024 which returned 2.49% U3O8 over 12.5 metres. Consistent high grade, near surface U3O8 assays from Alpha and Fission demonstrates the potential for high grade uranium mineralization on the margins of the underexplored western side of the Athabasca Basin. There are still areas in the Athabasca region that are highly prospective and underexplored for high grade uranium as illustrated by Alpha's and Fission's recent discovery.

Qualified Person:

Athabasca Nuclear President and CEO, Charles C. (Chuck) Downie, P.Geo., is the Qualified Person as defined by National Instrument 43-101 and has approved the technical information in this release.

About Skyharbour Resources Ltd.:

Skyharbour Resources Ltd. is a uranium exploration company and a member of the Western Athabasca Syndicate which controls a large, geologically prospective land package consisting of five properties (709,513 acres) in the Athabasca Basin of Saskatchewan. The Company's goal is to increase shareholder value through new discoveries and developing exploration projects in geopolitically favourable jurisdictions. The Company has 35.8 million shares outstanding.

To find out more about Skyharbour Resources Ltd. (TSX VENTURE:SYH) visit the Company's website at www.skyharbourltd.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Jordan P. Trimble, President and CEO

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

Contact Information

Skyharbour Resources Ltd.

Jordan P. Trimble

President and CEO

604-687-3376

Skyharbour Resources Ltd.

Don Myers

Director

604-687-3119

604-687-3376 or Toll Free: 800-567-8181

info@skyharbourltd.com

www.skyharbourltd.com