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Waseco Resources Inc V.WRI

Alternate Symbol(s):  WSRUF

Waseco Resources Inc. is a Canada-based exploration stage company. The Company is engaged in the acquisition and exploration of mineral properties. The Company operations are in Canada and the United States. The Company’s exploration projects include its primary project, the Battle Mountain Ridge Project in Nevada, United States, and interests in projects in the Quebec Labrador Trough and James Bay Lowlands. In Battle Mountain, Nevada, the Company leases 29 unpatented mining claims on the Battle Mountain Gold Trend, in Larder County, Nevada. In the Quebec-Labrador Trough, the Company controls these uranium prospects which consist of multiple blocks. Its James Bay Lowlands covers an approximately 2,440-acre claim block is in approximately to the DeBeers Victor mine in the Attawapiskat Region in Northern Ontario.


TSXV:WRI - Post by User

Bullboard Posts
Comment by siboon Oct 24, 2006 3:16pm
211 Views
Post# 11549465

RE: Slow, But Steady

RE: Slow, But Steady>>>Waseco management took its time and negotiated a great JV for shareholders...when we hit new levels the stock will be retracing Not to .14 but more like $1.14<<< It wouldn't surprise me MaxT. Uranium is hot now, Waseco has a lot of good prospective ground in Labrador so a geological report confirming the presence of uranium and the prospect of a ore deposit should move it nicely. Doubtful of $1.14 overnight personally but I'd be happy to see $0.75 or so. That would give Waseco the latitude to move quickly on their adjoining grounds. I hear, by the way, Quebec is the most desireable province now for mineral development. They have Native land claims more or less settled with strong financial inducements for exploration companies.
Bullboard Posts