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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.


GREY:SRSIF - Post by User

Strateco Resources Inc
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Comment by Canonballon Aug 17, 2011 12:22pm
202 Views
Post# 18951822

RE: RESSSS:cheap uranium...

RE: RESSSS:cheap uranium...I am in agreement with the spot and or world price of Uranium being the major hold back on ALL stock prices to
some extent ...!
But the individual stocks seem to be more of popularity contest ...when HAT trades at almost the same price as a huge producer such as UUU and HAT produced NOTHING... there is no logic to SP.

RSC as I posted way, way back will not be a cheap producer (based on the know resources) but will be able to be profitable when it does start producing... in a few years... which is still will ahead of HAT.

So - if you have a few years ...RSC will be a producer and will trade higher and will likely be taken out by its neighbour Cameco.  

I have been in and out of RSC many times in the past and made good money ...off it ...so I have no ill feelings to RSC and no immediate expectations.  I don't own RSC currently... as the over all market will be weak until late fall if not beyond even then ...so no rush to buy anything!
 
But no rush to sell anything either.
 
People that hold ANY Uranium stock had better be patient.  

Cheers 
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