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Bullboard - Stock Discussion Forum Uranium North Resources Corp V.UNR

TSXV:UNR - Post Discussion

Uranium North Resources Corp > IT STILL HAS A PULSE
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Post by binscamdb4 on Dec 04, 2009 5:19pm

IT STILL HAS A PULSE

The DDN Board sent me over to check this out and I think its not a bad gamble at .08 They have a uranium resource, who knows what else on the huge property. Most posts help to sketch together the potential.  In a fall news release they say there will be an early 2010 drill program. BUT WHAT IS REALLY POSITIVE  IS that Mark has put a lot of his own money into this, both buying shares in the market, and private placements through out the years,( you can see it on sedi.ca) Exercising warrents and options and not selling,  accumulating now 500,000 shares, some at prices near a buck, so he obviously believes in the resource, and now has a big incentive to get his money back. Not sure how much in treasury, expect not much, but it doesnt seem to be their style to waste much money,
Marks accumulation of DDN stock is even more impressive, sometimes paying over a dollar (a couple years ago)  to
accumulate 830,000 shares. So a capable man has a big incentive to get both of these companies in the spotlight
Cheers!
Comment by binscamdb4 on Dec 09, 2009 7:29am
THEY actually have 1,200,000 In cash to fund exploration. They already have done quite a lot of work on the Amer lake property(good presentation on their website) and have defined a large uranium deposit.,which is still open at one end.Close to Meadowbank gold deposit and year around road. 2 other properties tooGambling on penny stocks has really changed over the last few years, now instead of a ...more  
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