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Strateco Resources Inc SRSIF

Strateco Resources Inc. is a mining company. The Company is engaged in uranium exploration and development. The Company's Matoush project is located in the Otish Mountains of northern Quebec, approximately 275 kilometers north of Chibougamau and over 210 kilometers northeast of Mistissini. The Matoush project consists of the Matoush, Matoush Extension and Eclat properties, as well as the Pacific-Bay-Matoush property. The Matoush project comprises approximately 590 claims covering a total area of over 31,195 hectares. The Matoush property is located approximately 275 kilometers north of Chibougamau in the Otish Mountains of northern Quebec, Canada. The Eclat property is located in the Otish Mountains of northern Quebec, immediately south of the Matoush property. The Matoush Extension property is located north, west and east of the Matoush property in the Otish Mountains, in Northern Quebec. The Pacific-Bay Matoush Property is located in the Otish Mountains in northern Quebec.


GREY:SRSIF - Post by User

Bullboard Posts
Comment by SilentHunteron Oct 30, 2006 9:17am
305 Views
Post# 11578661

RE: Casey's web site

RE: Casey's web site
On the junior front, Strateco Resources continued to tally some nice numbers at its Matoush uranium project in northern Quebec. The results from the AM-15 zone included a 5.6-metre interval averaging 1.68% U3O8. Strateco ended the week up C$0.55 at C$1.28. Another big winner was Tri Origin Exploration. The junior tabled an indicated and measured resource of 8.58 million tonnes grading 10.3% zinc, 1.8% copper, 4.0% lead, 84 grams silver per tonne and 0.54 grams gold per tonne for its 51%-owned Woodlawn project in Australia. Tri Origin ended the week up C$0.32 to C$0.60. Ecuador remained hot as market darling Aurelian Resources hit another high, gaining C$7.25 to close at C$37.90. Peripheral area players were mxed: Plexmar Resources was up C$0.12 to close at C$0.81, Oromonte Resources gave back C$0.19 to close at C$0.71 and Skeena Resources added C$0.16 to C$0.83. (LRG is positioned near ARU and very HOT and he didnt mention it!) The trend is your friend and as October comes to close the junior market has now established an upward trading channel. Another positive sign is that trading volumes are picking up and so is investor interest. The prospects for a late year rally in speculative resource issues may be at hand. But only time will tell, so stay tuned.
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