Skyharbour Resources Ltd V.SYH

Alternate Symbol(s): SYHBF

Energy

Skyharbour Resources Ltd. is a uranium exploration company. The Company holds a portfolio of uranium exploration projects in Canada's Athabasca Basin. Its projects include Moore Lake-Core Project, Russell Lake-Core Project, South Falcon, South Falcon East, Preston, East Preston, Hook Lake, and others. The Moore Uranium Project consists of 12 contiguous claims totaling 35,705 hectares located 42 kilometers (km) northeast of the Key Lake mill, over 15 km east of Denison’s Wheeler River project. The Russell Lake Project is an advanced-stage uranium exploration property totaling 73,294 hectares strategically located between Cameco’s Key Lake and McArthur River Projects. Its South Falcon Point Uranium Project covers 32,235 hectares covering nine claims over 50 km east of the Key Lake mine. The Hook Lake area is located near the northern end of the property. The Company also owns Foster property. The Company also holds seven claims totaling 23,822 hectares in and around the Athabasca basin.

TSXV:SYH - Post by User

Skyharbour Resources Ltd

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Comment by Enersolon Oct 22, 2009 2:41pm

354 Views

Post# 16413789

RE: SP between SYH and CYP

The way I see it, if this play hits like GEA, then CYP will benefit much more. With Skyharbour's % being 20 and CYP's being 80, then isn't it logical that if G bought out the property at the same SP as GEA at $12 (only using this as an example figure) SYH would go to $2.40 and CYP to $9.60 giving CYP a much larger return. SYH 35x CYP 45x.

Or has someone else have different math?

This is all based on, of course the property being as good and one also has to look at whatever assets GEA had besides the property. SYH certainly has other potential winners in real estate.

But I would be happy with 35x

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