CanAlaska Uranium Ltd T.CVV

Primary Symbol: V.CVV Alternate Symbol(s): CVVUF

Metals & Mining Industrial Metals & Minerals

CanAlaska Uranium Ltd. is a Canada-based company, which is engaged in the exploration of uranium, nickel and diamond properties. The Company holds interests in approximately 350,000 hectares (865,000 acres), strategically located in the eastern Athabasca Basin. The Company also holds properties prospective for nickel, copper, gold and diamonds. The Company’s projects include West McArthur, Key Extension, Moon Lake South, Cree East, Waterbury South and others. Its West McArthur project is located in the Eastern Athabasca Basin in Saskatchewan, between 6 and 30 kilometers (km) west of the producing McArthur River mine. The Key Extension Project is located in the Southeastern Athabasca Basin in Saskatchewan and lies 15 km from the Key Lake mill complex. The Cree East project is located in the south-eastern portion of the Athabasca Basin. The Waterbury South project is located in the Northeastern Athabasca Basin in Saskatchewan and lies 10 kilometers from the Cigar Lake mine site.

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CanAlaska Uranium Ltd

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Comment by markvrdon May 12, 2011 8:28am

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Post# 18564482

RE: RE: RE: CanAlaska is junk

I think CVV is well positioned and U plays are nowhere near dead. I too sold before the share rollback and have been out of this a long time. However, the price has drifted nice and low (as I thought it would after the rollback) and now it's actually looking pretty solid. Excellent cash position, low float and a pile of properties....

I disagree with the sellers and think this has turned into a buy again.

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