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Strateco Resources Inc SRSIF

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.


GREY:SRSIF - Post by User

Bullboard Posts
Post by Canonballon Sep 26, 2010 8:46pm
426 Views
Post# 17494459

Some inresting info from intellegentenergyinvestor

Some inresting info from intellegentenergyinvestor

Nuclear power is ramping up and uranium stocks are poised to make a big move.
Over the last year, nearly all of the metals have recovered from the lows following the financial crisis. Many have had a big run.

So the big question is: Where is the value to be found for investors? And the answer? One word…Uranium stocks.

The fact is, Uranium and many uranium stocks have barely budged from the post-melt-down low, but analysts are calling for a near term bull market for the metal. This makes room for some serious upside potential; and make no mistake, the fundamentals of the uranium market are exceptionally strong.

Nuclear energy is a green, clean form of energy being embraced by developed and developing nations across the globe. Uranium is crucial for the generation of nuclear power and nuclear power capacity worldwide is increasing steadily:

The worldwide numbers are staggering. Currently, 53 reactors are under construction world wide and 142 are on order or planned, another 327 are in the proposal stage. And, those reactors will need fuel…There's not enough uranium coming from the world's mines right now to supply the current power plants across the world, let alone a couple hundred more.

As demand for uranium rises—so will prices. And when the price of uranium finally begins to move up, the value of  Uranium stocks such as near term uranium producers will as well.

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