Blue Sky Uranium Corp V.BSK

Alternate Symbol(s): BKUCF

Energy

Blue Sky Uranium Corp. is a uranium and vanadium exploration company. The Company controls more than 480,000 hectares with the potential for uranium resources in Rio Negro, Chubut, Neuquen, and Mendoza provinces. Its projects include the Amarillo Grande Project, the Sierra Colonia Project, the Tierras Coloradas Project, Cerro Parva Project, Corcovo Project, and Chihuidos Project. The Company's flagship Amarillo Grande Project is located in central Rio Negro province, in the Patagonia region of southern Argentina. The Corcovo Project is comprised of two adjacent exploration properties totaling approximately 20,000 ha at the northeastern edge of the Neuquen basin. The Chihuidos project is comprised of six exploration property units totaling almost 60,000 hectares located 60 kilometers (km) west of Anelo city. The Sierra Colonia project includes 100% ownership of more than 28,470 hectares in the central-eastern part of Chubut Province.

TSXV:BSK - Post by User

Blue Sky Uranium Corp

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Post by Madheightson Feb 11, 2020 9:57am

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Post# 30673229

Maybe it's because of extending warrants..

I'm just a little guy investor. You know, one of those that has no choice but to watch his losses mount due to dilution. Even the rumour of dilution sends the share price south. And warrants, can amount to a free ride of sorts, and...you guessed it...shareholder dilution. So, now being down 48% isn't a surprise. With this stock it is now an expectation....especially when expired warrants are up to be reinstated? Warrants are for the well to do...not the little guy investor. Thought I was smart and bought low. This stock can go much lower....even without warrants.

Meanwhile the fundamentals of uranium, I am told, should improve. When Cameco puts their mammoth mine online I'll be a believer. Until then, anybody for a reverse split down the road?

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