Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Agreed, perhaps an update on the purchase of the Utah property (including the gold and platinum), and an announcement of the reduction of the A/S.
back to .021 X .023, that was strange
Scottrade showing ask of .037
.02 X .037
I just grabbed some more at .024
I wanted to get in here badly yesterday but I had no powder. Ahhhh I hate that feeling, but today is a different story.
Ready and waiting to slap the ask............
Thanks for the update. While I agree that we as shareholders could use some clarification, a PR for clarity's sake could send this stock lower in the short term. People expect assay results and anything short of this could cause a small sell off. I am not suggesting that this is bad for the long term, but I think that everyone should be aware that in the short term this could have a negative impact.
I will continue to add in this range and personally would love to see another small dip in the PPS like we had today.
Yup, and I plan on adding in the 9's as well.
The ask keeps moving up every day in a very smooth and steady fashion. This is such an undiscovered gem that once noticed should appreciate greatly.
I just added to my position here. It is a very nice opportunity considering the assay results from the first holes drilled will be released any day.
Nice opening volume today, which is exactly what we need. New interest here to start the next leg up. This could be a great next few weeks as we will get RR drilling news and be in a TA uptrend (hopefully).
I would think we could see this info mentioned as a side note in an upcoming KATG (BVIG) PR. Although it is not blockbuster news, it is clearly something to be proud of.
Ask now .085, we need some volume and we might just run.
We might have seen the bottom here and this should be the beginning of the next leg up. This is so thin that a little volume could really make this pop.
I know it's cliche, but I really don't know why anyone would be selling here with assays out any day.
"The Athabasca Basin produced 20.5% of global Uranium supply in 2008, led by producers Cameco Corp. and AREVA. Saskatchewan Uranium production for 2008 was 23.4 million lbs U3O8, with an estimated 25.7 million lbs U3O8 for 2009. Total reserve estimates for the Athabasca Basin are approximately 650 million lbs U3O8 (Saskatchewan Exploration and Development Highlights 2009)."
-Taken from another local uranium exploration companies web site.
ATURF NEWS-ATHABASCA URANIUM ACQUIRES WEBB RIVER PROPERTY OPTION
TSXV: UAX
US Symbol: ATURF
Athabasca Uranium Inc. is pleased to announce that it has entered into an agreement with an arm's-length vendor by which the Company has the option to earn a 100% interest in the Webb River Property in northeast Saskatchewan. The Property consists of a single 5,386 hectare disposition located on the eastern margin of the uranium-rich Athabasca basin, lying 29 kilometers southwest of the Company's McCarthy Property and contiguous to the Denison/JNR Resources Moore Lake Project.
The Company can earn a 100% interest in the Property by paying $50,000 and issuing 1,500,000 common shares to the Vendor upon receipt of regulatory approval, by making additional payments totalling $600,000 over the next 42 months and filing $2,500,000 in exploration expenditures on the Property within four years. A 1% net smelter return has also been granted to the Vendor, which may be purchased by the Company for $1,500,000. The Agreement is subject to regulatory approval.
The Webb River Property is located on the eastern edge of the Athabasca Basin, the most productive uranium-producing region in the world. In winter 1980, Sander Geophysics conducted an 850-meter line airborne VLF-EM and magnetometer survey in an east-west direction with 200-meter line spacing. Later that year, 85 kilometers of ground VLF-EM was completed by Sander and another 678 kilometers were completed by Phantom Exploration Services. Both surveys were successful in delineating north-east trending conductors, which will be the focus of the Company's exploration program.
"Webb River is an excellent addition to our portfolio of properties, and conforms perfectly to our corporate strategy of acquisitions in the Basin on which we can employ our exploration partner's leading-edge uranium-finding technology. On trend and in the proximity of several recent U-308 discoveries, we look forward to ramping up this winter's exploration - with the McCarthy property just down the road already scheduled and permitted, we'll be expanding the program to include Webb River" commented Gil Schneider, UAX President & CEO.
About Athabasca Uranium
Athabasca Uranium Inc. is a uranium exploration and development company acquiring and exploring properties located in the uranium-rich Athabasca Basin in northeast Saskatchewan. The Company's stated vision is to explore the region using leading-edge technology to become a world-class uranium mining company. Additional information on Athabasca Uranium and its vision is available on the Company's website at www.athabascauranium.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Gil Schneider"
Gil Schneider, President & CEO
NEWS- ATHABASCA URANIUM ACQUIRES WEBB RIVER PROPERTY OPTION
TSXV: UAX
US Symbol: ATURF
Athabasca Uranium Inc. is pleased to announce that it has entered into an agreement with an arm's-length vendor by which the Company has the option to earn a 100% interest in the Webb River Property in northeast Saskatchewan. The Property consists of a single 5,386 hectare disposition located on the eastern margin of the uranium-rich Athabasca basin, lying 29 kilometers southwest of the Company's McCarthy Property and contiguous to the Denison/JNR Resources Moore Lake Project.
The Company can earn a 100% interest in the Property by paying $50,000 and issuing 1,500,000 common shares to the Vendor upon receipt of regulatory approval, by making additional payments totalling $600,000 over the next 42 months and filing $2,500,000 in exploration expenditures on the Property within four years. A 1% net smelter return has also been granted to the Vendor, which may be purchased by the Company for $1,500,000. The Agreement is subject to regulatory approval.
The Webb River Property is located on the eastern edge of the Athabasca Basin, the most productive uranium-producing region in the world. In winter 1980, Sander Geophysics conducted an 850-meter line airborne VLF-EM and magnetometer survey in an east-west direction with 200-meter line spacing. Later that year, 85 kilometers of ground VLF-EM was completed by Sander and another 678 kilometers were completed by Phantom Exploration Services. Both surveys were successful in delineating north-east trending conductors, which will be the focus of the Company's exploration program.
"Webb River is an excellent addition to our portfolio of properties, and conforms perfectly to our corporate strategy of acquisitions in the Basin on which we can employ our exploration partner's leading-edge uranium-finding technology. On trend and in the proximity of several recent U-308 discoveries, we look forward to ramping up this winter's exploration - with the McCarthy property just down the road already scheduled and permitted, we'll be expanding the program to include Webb River" commented Gil Schneider, UAX President & CEO.
About Athabasca Uranium
Athabasca Uranium Inc. is a uranium exploration and development company acquiring and exploring properties located in the uranium-rich Athabasca Basin in northeast Saskatchewan. The Company's stated vision is to explore the region using leading-edge technology to become a world-class uranium mining company. Additional information on Athabasca Uranium and its vision is available on the Company's website at www.athabascauranium.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Gil Schneider"
Gil Schneider, President & CEO
Yeah, I wonder if they are just going to clarify the chart on the web site or give us new information about the corporate structure (maybe KATX uplisting info)?
A friend of mine called me earlier to tell me about this company. Can you imagine if they are actually awarded the government contract? I know it's unlikely, but this little company could be worth billions overnight.
Gonna keep a close eye on this one.............
Your a PR behind. This is the latest on RR and states that drilling will commence VERY soon:
KAT Exploration Inc. to Drill Test IOCG Targets at Rusty Ridge
MOUNT PEARL, NL--(Marketwire - September 1, 2010) - KAT Exploration, Inc. (PINKSHEETS: KATX) (www.katexploration.com) is pleased to inform its shareholders and investment community that the company is now ready to begin drilling on its 100% wholly owned Rusty Ridge Iron Oxide Copper Gold (IOCG) property. Tenders are being called for the drilling program, and as announced earlier, all permits are in place with two distinct targets being defined for deep drilling.
Results of a high resolution airborne magnetic survey, a ground gravity survey along with coincidental magnetic Induced Polarization (IP) resistivity and soil geochemical anomalies suggest potential for a body of Iron Oxide +/- Base, Precious and Rare Earth type mineralization, similar in style and setting to the giant Olympic Dam deposit in Australia.
A completed 3D inversion modeling of the airborne magnetic data shows a discreet, strong magnetic anomaly underlying the Rusty Ridge area. Coincidental with this are moderate to strong IP chargeability anomalies that suggest the possibility of a significant concentration of sulfides. A 3D inversion model of the ground gravity survey identified a large gravity anomaly and several other smaller anomalies further supporting the potential for an IOCG deposit. Selected coincident gravity, magnetic and IP anomalies, including the large gravity anomaly, will now be drill tested to determine the significance of these targets.
Ken Stead, President/CEO of KAT Exploration, stated, "That although the targets to be drilled are deep targets, what is most exciting and of interest is that the anomalies are also 400-500 meters thick. If these targets prove to be thick mineralized units similar to that of the Olympic dam, it will be the first for the province and will no doubt generate a tremendous positive impact for the company."
12 mil market cap for a potentially HUGE copper producing propery?
hahahaha we are gonna be laughing all the way to the bank when the real value of this company is reflected in the PPS.
Bring on the assays and fall/winter drilling....................
Nice find, and IMO a VERY good indication of things that are about to unfold.
Nice job! This may help to put things into perspective for longs who are a little unhappy with the recent PPS performance of KATX. The share distribution will be a very nice addition to many of our portfolios.
Ask is now .288. I can only imagine what this will do with news and the corresponding volume.
I just placed another order at the ask (.238) and it will filled instantly at .2375.
I have been reading about this company all morning and find it to be a great opportunity at this entry level PPS.
Thanks for alerting us all to this!
Gotcha, so trades going through using the US ticker are showing up on the Venture. I assume this will change in the coming weeks as this begins to trade more?
I placed two buy orders for 2K at a time (at the ask) and then both went through but are not shown.
It's strange that trades have gone through that have not affected the volume shown. It's been stuck at 2K since the open.
I was able to buy some online through SC this morning.
Nice volume today, I wonder what is going on behind the scenes? This company is sooooo quiet...........
That is a great question that I am sure we would all like answered ASAP. One thing to keep in mind with Lucky is that Ken might be limited in what he can PR about the property without the consent and review of Vale. Does anyone have any thoughts on this?
Outstanding news today! This is exactly what I wanted to hear:
"Wolverine is organizing the IP survey and will prepare for a fall drill program to test the best IP targets."
The proving of this potentially HUGE copper find continues.......
I can't wait to see the assay results which should be released in the next few weeks.
And according to Scottrade the bid and ask are both .17 and no trades have gone through in a while.
Strange stuff.....
It would be so nice to have assay results released during an uptrend in the PPS. Great TA + Great FA + low float = Great time to be a shareholder.
Nice move on above normal volume! Still accumulating here.......
Hahaha, how about real happy hour starting early today? I will take a copper and tonic on IOCG rocks.
Wow, that was cheesy.
In all seriousness, IMO Rusty is the back bone of KATX and once proven could take this little company's stock to $$ land this year.
Big volume coming in now, this could totally pop today.
Good news today everyone. Those of you who said we were not drilling RR until next spring and sold your shares at .075 must be in a little pain right now. Suck it up and buy back in here, RR has the potential to take KATX to dollar land this year.
"I'm not kidding when I say we could close green today."
It is quite possible
.084 X .087 Looking like a little rebound here.
I have been in KATX since 11/2009 and still hold all my shares but I must admit this is VERY difficult to take. Still holding for now......