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 drdiabloon Feb 23, 2010 12:09pm

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Post# 16810907

Stop me before I sell!

I really like RSC's prospects in the longer term. However, I am getting killed on this stock as investor indifference + a sliding U308 price produce a steadily falling SP. "Don't fight the tape," goes the old saying. I had my finger ont he trigger this morning, ready to dump my RSC shares, but I decided to give it further thought.

Does anyone foresee a near-term catalyst? I believe that RSC investors who hold for long enough will be rewarded, but I'm tempted to ditch it on the chance that I canbuy back in at .50. Can somebody talk me out of it?

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