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Blue Sky Uranium Corp V.BSK

Alternate Symbol(s):  BKUCF

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

Post by Madheightson Oct 29, 2024 5:26am
74 Views
Post# 36286253

COAM due diligence…

COAM due diligence…Further necessary drilling/testing/analysis by COAM would delay and reduce market confidence in BSK management and therefore further cause a very muted equity share price.  The fact that there is no announcement of COAM commitment is already causing lack of market conviction.  The Uranium Spot price, while not as representative perhaps as Term, could very well ascend to about $125 to $130 per lb. shortly.  All the while, shareholders may not ever receive market notoriety as many U equities already have and will again.  By then, announcements of revamped U supply will come back online and the price of Uranium will reach a much cheaper equilibrium.  Yes, such will take time(years).  I am clueless as to what it would take for the market to arrive with full confidence in BSK because, as it stands now,  share trading volume is very muted as in lacking market comparable conviction.
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