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CanAlaska Uranium Ltd V.CVV

Alternate Symbol(s):  CVVUF

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.


TSXV:CVV - Post by User

Post by Clemxb7on Oct 08, 2024 7:42pm
189 Views
Post# 36258656

There's obviously a chunk of uranium here

There's obviously a chunk of uranium hereI watched that vid and the CEO sure makes some bold claims about MacArthur West. It's one thing to say we've had a couple of good hits and we think we got a resource here to jumping to this is probably a tier one asset along the lines of MacArthur River or Cigar Lake. 
He's a CEO of a mining company I'm sure he understands he can't engage in just complete hyperbole. 
It's quite obvious they got some big chunk of uranium there the question is just how much? 
Right now f3 still has a higher market cap and I think they've been stripped of all their properties except for the one they drilling on. CA's market is still about just 100 million $Cad.
The property is quite huge and most of it hasn't even been drilled and that's just West Macarthur they have other properties too. 
Anyways I put a little bit more money at risk with this one. Looking forward to the assay results in what kind of density we're looking at here.
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