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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Comment by trader4everon Apr 17, 2008 11:12am

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Post# 14980672

RE: Strateco Resources Inc./Matoush: The New MT-22

Good news to hold the shareprice at the current level for a while until a bottom is formed. The stock will see a nice upwards movement but will stay volatil for a while. Good for those who trust in chart bottoms. Don't forget: Development needs time - drilling, results, possible dilution, etc. will keep the price at a reasonable level.
However, it might be a good trading story with 20-30% gains for a while until people get out again.

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