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Blue Sky Uranium Corp BKUCF


Primary Symbol: V.BSK

Blue Sky Uranium Corp. is a uranium and vanadium exploration company. The Company is focusing its uranium and vanadium exploration efforts on southern Argentina, with 100% control of more than 450,000 hectares of mining tenures. Its projects include the Amarillo Grande Project, the Sierra Colonia Project, the Tierras Coloradas Project, and the Cerro Parva Project. The Amarillo Grande Project is located in central Rio Negro province, in the Patagonia region of southern Argentina. The Sierra Colonia project includes 100% ownership of more than 28,470 hectares in the central-eastern part of Chubut Province. The Tierras Coloradas project includes four cateos totaling 40,000 hectares in the northeast of Chubut. The property is situated in the central, western portion of the Uranium District. The Cerro Parva project includes a 100% ownership interest in eleven mining properties covering over 36,237 hectares in the central part of Chubut Province.


TSXV:BSK - Post by User

Comment by Madheighton Jul 19, 2020 11:15am
191 Views
Post# 31287330

RE:Possible good news for Argentina & BSK - If valid.

RE:Possible good news for Argentina & BSK - If valid. Clearly Rosatom/Russia interest has been ongoing.  But this latest article tells me that Argentinas interest in their proposal is warming up.   Rosatom brings influence which I think are of national intent and of much larger financial intent.  Comparitively, Blue Sky is small potatoes to the likes of Rosatoms connections with Kazatomprom.  Cameco back when pulled out of Argentina sighting governmental regulatory/political concerns.  I'm not going to question Cameco's decision.  Rosatom/Russia I think is a different animal in terms of purpose as is therefore unafraid of potential ill consequence. Is this good for Blue Sky?  Depends on how I look at it.  If Blue Skys resource is of "district" proportions then perhaps there property is a target and the low share price is a sitting duck.  I don't think the recent news lull is good news.  Usually you can't shut Blue Sky up from touting the same message over and over.  But now they are silent and the share price isn't really moving up in anticipation of good drill results.  Maybe they aren't the darling they thought they were with Argentina.  Is Rosatom, with all their deep connections, proposing a game changer that mutually benefits Argentina more so than the likes of Grosso Group Management?  In other words, is this a type of "move over Johnny and let the big boys take over"?  As such, the upside for BSK could be capped.  If these drill results are lackluster, then lower share prices are on the horizon and Russia's message to move in and provide export revenues to the Argentian government because they can move things along to production much faster could speak volumes.  Blue Sky will forever it seems have their hat in hand selling the idea of the next PP/dilution/etc.  For the Argentian gov't, perhaps they are expecting more of Blue Sky to deliver.....and they aren't  doing it.  Whereas Blue Sky's managment has talked of their positive relationship with Argentina perhaps they have worn out their welcome.  Can I see Kazatomprom emerge from the Trojan Horse?........absolutely.  Back to the present...where are the drill results?  I think they are more important than ever.
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