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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 MaxTon Jul 25, 2007 11:42am
168 Views
Post# 13147850

RE: News.../JJG001

RE: News.../JJG001 ...the "rumour" is that Arevea wants to develop the WRI claims ...if WRI is part of the UMN takeover agreement then we have AREVA developing the property ..If UMN retains the WRI JV agreement then i expect that it will become part of UMN's subsidiary Niger Uranium Limited and UMN will develop the property ...IMO both companies want Uranium projects in a politically secure country ..either way it is a WIN/WIN for WASECO as both companies are loaded with $$$$$$$$$$$$$$$ ..the important thing is that we have confirmation that the project is going ahead as expected ..and probably another NR possibly by friday or early next week ! ...MaxT
Bullboard Posts