Strateco Resources Inc SRSIF

Energy

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.

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Strateco Resources Inc

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Post by northguruon Aug 10, 2007 11:23am

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Post# 13227906

People just don''t understand....

RSC has the goods... They need time to drill and find... There are so many juniors out there and it is so difficult to find one that really has the potential of a big discovery. Just hang to RSC... Read this part of the last news: ''One of these holes, MT-07-22, can be considered significant, as it intersected two intrusives, both containing uranium mineralization. The mineralization was intersected in the ACF at an average vertical depth of 700 metres, with the basement lying at 792 metres. The two intrusives are 60 metres apart down hole, with the second corresponding to the Matoush fault. Chemical analysis results were revealing, with respective grades of 1.18% U3O8 (24 lb/ton) over 0.6 metres and 0.30 U3O8 (6 lb/ton) over 1.40 metre.'' THERE IS MINERALISATION ON THE BASEMENT! We did hit on the second deep hole. 1.18% over .6m is very significant. Also consider that both zones are 60 metres apart in the 700m area.... Would it be possible to find a 60m thick high grade zone in the basement? People just don't realize the true potential of the Matoush fault... Fund managers do! The 2,60$ placement was sold in seconds... I wish I had more cash to grab whatever is available under 2.$ The AT won't work on this stock, a news release including a good hole in the basement will make the SP gap up and leave all the small guys behind....

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