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.

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Strateco Resources Inc

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Post by SSorcererron Nov 11, 2009 4:45pm

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Post# 16476905

Just as I suspected, no license

The N/R says,"technical documentation concerning the application for the licence required to start the underground exploration work." SO THEY FILED AN APPLICATION. woopty doo. They have already spent 4.5 MILLION and still have NO license. Oh my God, how many more millions and years is this going to take? Will the Indians block the roads? Will the enviromentalists shut this down? Will corrupt (Quebec) politicans, contractors, etc. bankrupt this project? I'll keep my money in a proven area, in the Athabasca Basin in Saskatchewan.

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