NCLR.c has hit the bottom. It's only up from here. After seeing many indications that Basin Uranium (CSE: NCLR) has formed a bottom, I’m looking forward to updates on the company’s drilling progress and drilling plans.
Basin commenced Phase II drilling at its Mann Lake Project in September of this year, following up on exciting targets generated through its Phase I campaign.
More recently, the company received approval for its Notice of Intent to drill the more recently acquired Wray Mesa Project. The property is located in eastern Utah, and is accessible via established infrastructure. Uranium and vanadium production in the district dates back to the early 1900s, and neighboring projects have historically produced millions of pounds of U3O8.
The right catalyst from these projects could really ignite a correction for Basin’s share price, given the current trend of consolidation.
NCLR.c is currently trading at $.155, valued at $4.47 million.
https://ceo.ca/@newsfile/basin-uranium-receives-approval-for-notice-of-intent