RE: PDACTalked to I.R. this morning. It appears that RSC has finished the initial course of drilling on the Rabbit Ears. They pushed a road through to the drill zone at some expense which shows the level of Strateco's interest in this area. The Matoush which was originally discovered by Uranerz in the 1980's was located by following the boulder train. The same method is being used on the Rabbit Ears in light of the fact that the area is strewn with radiocative boulders, some of which have a high cps reading.
The geology has led Strateco and Pac Bay to believe that the n/e fault could produce another Matoush like deposit. RSC has been holding up very well in comparison to the rest of the uran companies out there. If the drill results are good, we would expect that RSC will swiss cheese the area.
There has been interest in gold and uranium at the PDAC. Hopefully that will translate into some shares being moved.