REUTERS "positive buy" recommendation on BYU
Business Summary: Bayswater Uranium Corporation is engaged in the acquisition and exploration of exploration and evaluation assets. The Company's Reno Creek Property is located in Wyoming, approximately 40 miles south of the community of Gillette. Reno Creek is an advanced, near-surface uranium project at the permitting/feasibility stage located in the Powder River Basin in northeastern Wyoming, a well-established uranium development region. The Reno Creek Property encompasses approximately 20,900 acres of claims and leases, including over 588 unpatented mining claims, seven Wyoming State mineral leases, over four fee (private) mineral leases, and approximately nine surface access agreements. The Company holds certain mineral claim blocks in the Athabasca Basin, Saskatchewan (the Brudell property). Its subsidiaries include Bayswater Holdings Inc., NCU Holdings Inc., Kilgore Gold Company and NCA Nuclear Inc.