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Strateco Resources Inc SRSIF

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

Bullboard Posts
Post by GTG5on Mar 24, 2007 11:54am
578 Views
Post# 12482119

Next big winner..

Next big winner..They are busy drilling the property and if they confirm the historical data (which is most likely) this stock will take a huge run. Rockgate Capital (RGT-TSXv) If you like 10 baggers, this one has a good kick at the can but not for the faint of heart (Aren't they all like that?). They picked up an old Cameco uranium project in Africa that apparently holds some pretty unbelievable (hair raising) historic data. The only thing I have done wrong with this play is not alert my readers earlier. I am long at $0.40 in the private placement and bought more free trading stock in the $0.70's. The stock has gone straight up since to around $2.50 and I know that people in the PP are still buying stock at these levels. Great sponsorship on the deal, sponsorship that would send this to the moon if they could confirm historic data. $5M in the bank and only 20M shares outstanding fully diluted. If you are looking for an entry point on this - the $0.40 cent financing comes free trading on May 15th - so I imagine their will be some pressure on the stock leading up to that time. That is still two months away though - so their could be lots of spec left in this and results could trickle out in a month. As I said, I liked it better at $0.70 of course but numbers on this play coupled with historic data, structure and market sponsorship makes RGT especially intriguing. I will watch closely for news. Happy Prospecting www.profitprospectletter.blogspost .com If you wish to be emailed when Markus makes a post, just ask. profitprospector@shaw.ca
Bullboard Posts