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Bullboard - Stock Discussion Forum Beacon Resources Inc CPLJF

GREY:CPLJF - Post Discussion

Beacon Resources Inc > Step up to the plate guys!!!
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Post by megacopper on Mar 01, 2007 8:11pm

Step up to the plate guys!!!

TRI-GOLD RESOURCES CORP Pinnacle Digest: Tri-Gold Resources Corp: Sector Insight 2/23/2007 Feb 23, 2007 (M2 PRESSWIRE via COMTEX News Network) -- Tri-Gold Resources Corp (TSX-V: TAL) had a solid day in the markets Thursday, as shareholders witnessed their company's share value increase 28.57% following the exchange of 1,125,000 shares trading hands before the sound of the closing bell. The share price ranged $0.07 throughout the day, settling on $0.27 at day's end. PinnacleDigest believes that the health of the uranium sector has a significant impact on companies such as Tri-Gold Resources. Our research team decided to take a closer look at this volatile industry. To continue this read and find out why our client base continues to grow, come explore www.pinnacledigest.com. Uranium has been at the forefront of commodity news throughout the early part of February. Both corporate and political events have been shaping this industry since the start of the New Year. For those who have not been following this booming sector let's review. In the fall of 2006, Cameco reported that Cigar Lake, believed to be the biggest undeveloped high-grade uranium deposit in the world with proven and probable reserves of 232 million pounds of uranium oxide, flooded. The result of this catastrophe was the additional strain on uranium supply, not only domestically but also on a global level. This event is still making headlines today as Cameco announced that there would be delays in the rebuilding of this property. Since Cameco is the world's largest producer of uranium, this announcement is sure to have an affect on the markets. The next question is what other events are affecting this booming industry? In corporate news, representatives from Tri-Gold Resources Corp. announced that Fugro Airborne Survey has completed a 1548 line-kilometer survey over the Tri-Gold Resources / Benton Resources joint venture claim block in the Nipigon Basin of Northern Ontario, located between Nipigon Lake and Lake Superior. The Electro Magnetic and Magnetic surveys are designed to identify graphitic conductors beneath the Nipigon sandstone formation, which is associated with graphite faults that may control unconformity type uranium mineralization, similar to the Athabasca Basin, home to the largest high grade uranium deposits in the world. The Nipigon Basin, sometimes referred to as the Sibley Basin, is a Mesoproterozoic (1.6 to 0.9 Ga) continental sedimentary basin that shows many similarities to the uranium-rich Athabasca Basin in northern Saskatchewan. Although these similarities have been recognized since the 1970s, there has been limited previous exploration for uranium. although recently over 7,000 claims have been staked. Overall, the Sibley Group sediments in the Nipigon Basin constitute the least explored of all the Helikian-age sedimentary formation, in Canada, although recently over 7,000 claims have been staked in the area. The southern part of the Nipigon Basin between Lake Nipigon and Lake Superior has been determined to be most favourable for uranium exploration. In this area, Sibley Group sediments overlie "uranium rich" metasediments and granitic intrusives of the Quetico subprovince. At the northern margin of the Quetico rocks, the basement rocks change to metavolcanics and metasediments of the Wabigoon subprovince, containing abundant graphitic units, sulphide zones and iron formations, all of which represent potential chemical traps for uranium. The southern part of the Nipigon Basin where the Company's claim group is located is very accessible, with an extensive network of logging roads, allowing overland access for exploration purposes. Recent government airborne radiometric and magnetic surveys and high-density lake sediment surveys have provided an excellent database to guide the Company in project selection and subsequent exploration. PinnacleDigest is interested in this company's progress and will be watching for additional developments in the coming months. It is our goal at PinnacleDigest to keep investors informed and up-to-date on the sector that most influences their company. We are constantly adding new features to our investment community and believe our unique investment approaches can benefit every investor. The uranium sector plays a pivotal role on a company such as Tri-Gold Resources Corp as well as their overall development and success. To continue this read and to learn more about the uranium sector come explore www.pinnacledigest.com. To continue with this report as well as other related articles, please visit www.pinnacledigest.com for a complimentary membership. It should be stated that our membership requires no commitment to our service. If you would like to contact us please write to support@pinnacledigest.com. PinnacleDigest has no vested interest in the company mentioned herein. This source of information is from an unbiased perspective. If you wish to become a member of www.pinnacledigest.com you will be gaining access to articles similar to this one and many other useful services we know you will find valuable. Keeping you educated and up-to-date with the market is one of our main purposes. Our approach in achieving this goal and our ability to consistently deliver high quality investment material is what defines our business model. Investors seeking a distinctive approach to investing should also visit www.pinnacledigest.com for a complimentary membership. About Pinnacle Digest Pinnacledigest.com is an emerging online financial newsletter community. We put together informative material, capturing the information that we know will give you an edge to your portfolio and more specifically your investment approach. Once a member of PinnacleDigest you will be able to access our complimentary full-length research reports on selected companies, our weekly volumes, and our market overviews. In addition to these services we are confident you will enjoy our many other services, as well as our main feature which is available to all our members. We pride ourselves in having a multi purpose online magazine and encourage you to join our community. This news release shall not constitute an offer to sell or the solicitation of any offer to buy securities in any jurisdiction. All material herein was prepared by Pinnacledigest.com (Pinnacle Digest) based upon information believed to be reliable. The information contained herein is not guaranteed by Pinnacledigest.com to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Pinnacledigest.com is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Pinnacledigest.com may receive compensation in cash or shares from independent third parties or from the companies mentioned. Pinnacledigest.com will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
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