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Major Explorer In Central Quebec
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Message: Value play

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Value play

posted on Nov 10, 07 04:46PM

I bought this stock when I realized that they had done a significant PP at the peak of last seasons' run, and thus they have in the order of .29/s in the treasury. This provides a very substantial SP for the stock although it has traded briefly below the cash value in the summer doldrums. This alone provides a level of comfort in the operation. Moreover they have a competent and dynamic management team..very significant for an exploration company.

Further confidence in the trend can be found in the fact that Pinetree bought an additional  500,000 shares on the open market this week.

 The properties are stregically in the right area. The Hottish East block, directly adjacent to the STRATECO PROPERTY. The Hottish main block , located on the western shallow edge of the Otish sedimentary basin and directly west of the large Cameco property and the southern Papaskwasati block, located on the arch between the Otish Basin and the Otish Basin and the Papaskwasati sub-basin.  Activity is moving in the right direction .

Do your own DD. Bonne chance a tous.

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