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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
Post by TheFeveron Apr 09, 2007 11:28pm
276 Views
Post# 12575162

Shorts will burn

Shorts will burnAnyone who thinks RSC is UNDERvalued in comparison to the rest of the uranium market simply has no idea about either RSC or the uranium market. Like the previous poster said, $10 is undervalued based on current value in the ground and it's only a matter of time before the market catches up. And with more great news expected in the next day or two, you can expect a positive price movement. My guess is that we hit $15-20 in the next 12 months, if we're not bought out before then. A basement hit would make that happen in the blink of an eye. You trumpet your ability to get 6 times the shares of CBP, but RSC has a HELLUVA lot more than just 6 times the uranium CBP does. Especially considering CBP doesn't have any at all, as of now. So not only did you move your money into a stock that is entirely dependent on RSC for positive movement, you picked one that hasn't even started to dilute yet and hasn't turned a drill. RSC goes up, your shorts catch fire. RSC goes down, you cover your short but lose all your money in CBP. Not very logical, is it? Some people just aren't smart enough to be involved in the stock market. Plain and simple. The Fever
Bullboard Posts