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URASIA ENERGY LTD (fka UAEYF)

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URASIA ENERGY LTD (fka UAEYF)

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03/27/06 7:46 PM
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URASIA ENERGY LTD (fka UAEYF) RSS Feed

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URASIA ENERGY LTD(UAEYF:OTCBB) UrAsia Energy Ltd. - is a new, uranium producer, with low-cost, in-situ leach mining operations in the Republic of Kazakhstan. The Company is led by former ERA Managing Director, Mr. Phillip Shirvington. The Company currently produces 1.8 million pounds of U3O8 per year; this production rate is set to increase over the coming decade as the Company, along with its joint venture partners, embark on the accelerated development and construction of two additional operating mines within the Republic of Kazakhstan. With annual production in 2005 of approximately 11.0 million pounds U3O8, Kazakhstan is the world's third largest producer of uranium. Business Description: UrAsia Energy Ltd. - ("UrAsia") is one of the four listed uranium producers in Canada. UrAsia's annualized production is an estimated 1.4 million pounds of uranium, which comes from its 70% interest in the Akdala in-situ leach uranium mine in Kazakhstan. The Company's goal is to be producing in excess of 10 million pounds annually by 2015 from at least three assets in Central Asia. Kazakhstan holds 18% of the world’s uranium resources, and is a key country in filling the large supply/demand gap in annual uranium production -- some 80 million pounds. All of the Company’s deposits are low cost ISL (in-situ leach) uranium mines -- low operating cost and low capital cost. The country holds the most obvious potential for increasing global production. Cameco is slated to begin production from their Inkai JV in Kazakhstan in the first quarter of 2006. UrAsia’s development stage assets have a large Russian P1 resource. One of the Company’s first goals is to re-drill these assets to convert the known Soviet resources into Canadian NI 43-101 compliant reserves. Management intends to put these assets into production with project financing, using little or no equity dilution. As of November, 2005 UrAsia's cash position was CAD$75 million. Address: 595 Burrard street, Suite 3123, Vancouver, BC, CN V7X 1J1 Telephone: (604) 609-6110 Website: http://www.urasiaenergy.com Facsimile: (604) 609-6145 Email: info@urasiaenergy.com Money Masters: Federal Reserve History part 1 of 3 http://video.google.com/videoplay?docid=8442305921010099392&q=conspiracy Money Masters: Federal Reserve History part 2 of 3 http://video.google.com/videoplay?docid=5020331178524208549&q=conspiracy Money Masters: Federal Reserve History part 3 of 3 http://video.google.com/videoplay?docid=6666372716915416357&q=conspiracy A good presentation of market is explaned - in below link - http://www.businessjive.com/nss/darkside.html http://www.ipetitions.com/petition/AFTF_P_1/ http://www.goldrush21.com/ Your opinions are appreciated - Welcome TIA
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