Laramide Resources Ltd T.LAM

Alternate Symbol(s): LMRXF

Energy

Laramide Resources Ltd. is a Canada-based company, which is focused on exploring and developing uranium assets in Australia and the western United States. Its portfolio comprises of five uranium projects, namely Crownpoint-Churchrock Uranium Project, La Jara Mesa Uranium Project, La Sal Uranium Project, Westmoreland Uranium Project, and Murphy Uranium Project. The Crownpoint-Churchrock Uranium Project consists of two uranium deposits, Crownpoint and Church Rock. The Project consists of all or portions of eight sections of land totaling approximately 4,680 acres. The La Sal Project is a sandstone-hosted roll front uranium deposit and is located in close proximity to Energy Fuels' White Mesa Mill in Blanding, Utah. The Westmoreland Project is located approximately 400 kilometers north-northwest of Mt Isa. The Murphy Uranium Project consists of 683.5 km2 of granted exploration tenure, which lies contiguous to and along strike from Laramide's Westmoreland Project in northwest Queensland.

TSX:LAM - Post by User

Laramide Resources Ltd

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Post by Hqzuj12on Feb 20, 2008 10:55am

442 Views

Post# 14399203

Problems with this stock

Not enough of it trades to get into the stock. E.g. Bid $4.41 x 2; Ask $4.46 x 8. If you want to get in with a full 3000 shares there is not enough to buy. If you buy just 800, there is not enough to make money. Also if you are in the stock you sometimes can't get out because there is not enough on the bid side. Risky but can be rewarding. It does move up fast when it does.

Any opinions?

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