The Energy Report
Notable Quotes
"With the LOI signed, we urge investors to bolster positions in FCU." (12/22/15) Fission Uranium Corp. - David Sadowski, Raymond James More >
"FCU is taking the right steps regardless of whether PLS is ultimately acquired or developed into a mine." (12/22/15) Fission Uranium Corp. - Heiko Ihle, Rodman & Renshaw More >
"I am quite excited about POE in 2016." (12/16/15) Pan Orient Energy Corp. - Chen Lin, What Is Chen Buying? What Is Chen Selling? More >
"BKX's Oklahoma asset has significant value." (12/16/15) BNK Petroleum Inc. - Michael Charlton, iA Securities More >
"EFR is one of the few companies in a position to write long-term sales contracts and deliver into them at several times its current production rate." (12/17/15) Energy Fuels Inc. - The Gold Report Interview with Eric Coffin More >
RSC's Matoush Project
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HRA Journal (11/12/2010)
"Strateco Resources released initial results from a new discovery on its Matoush uranium project in Quebec. It's been a while since we commented on RSC, so we will quickly note that we like its existing 20 Mlb. U3O8 resource and have been waiting for either completion of its protracted underground permitting process or an on-trend discovery of this sort to comment further on it. This lens, called MT-38, is 1.5 km. along trend south from its existing resource area. The discovery hole for this lens returned 0.48% U3O8 over 4.2m that includes 1.29% U3O8 over 1.3m. A second hole has returned 0.33% U3O8 over 5.1m that includes 2.23% U3O8 over 0.7m, and several other nearby holes cut lower-grade mineralization. This comes from a program of regular testing along 8 km. of the Matoush structure that RSC indicates has located five new areas of potential, which is a part of Strateco's attempt to triple the project's resource base. As we have noted in the past this project has the potential to open a new uranium district, and is in a geological setting that should allow for fairly straightforward underground mining, if successful. Now that the broader testing has located some focus areas, results may be coming more quickly." |
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More Experts
"FCU's deal with CGN helps to financially and technically derisk PLS." (12/21/15) Fission Uranium Corp. - David Talbot, More >
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