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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.


GREY:SRSIF - Post by User

Strateco Resources Inc
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Post by schtokhunteron Feb 20, 2007 7:57am
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Post# 12268673

RE : On CBC-TV Business last night

RE : On CBC-TV Business last nightWell, uranium does not trade like any of those other metals. With a very limited number of buyers and relatively few transactions when compared to Gold, Zinc, Nickel etc. this only make sense. The dips in the other metals would be covered up in this case by a lack of transactions or falling on the same day as a later, more expensive transaction. Not sure you can compare the run up characteristics between U3O8 and most other metals. It has been a very fun ride though. really interesting.
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