Stargaze Entertainment Group Inc (STGZ)

[roger wilco]

Uranium galore

There is an abundance of uranium at PDAC. Check that, there is an abundance of companies involved in the exploration or development of uranium.

With just a few steps through one of the downstairs ballrooms of the Metro Toronto Convention Centre, you'll find a whole whack of companies boasting about their promising uranium projects.

Virtually next door to one another are names like Titan Uranium, Western Prospector Group, Universal Uranium, ESO Uranium, RPT Uranium, Crosshair Exploration and Mining, Kahn Resources and Energy Metals.

And that is just in one strip of booths. Many more uranium can be found virtually everywhere else too.

One interesting story comes from Consolidated Pacific Bay Minerals (CBP/TSX-V), which has seen its stock climb from 40-cent range to as high as 72 cents in late-February.

Part of this increase and surge in trading volumes is being attributed to drilling results from Strateco Resources' (RSC/TSX-V) Matoush uranium property.

Consolidated Pacific has land right beside the location of this drilling location, and while both stocks have fallen off since the announcement, investors clearly have their eye on both of these companies.

Makes you just wonder... How our boys did at the show... Perhaps we will get some exciting news... Uranium was certainly the "HOT" topic at the show and with GLXI's easily minable rich finds I'm sure they turned a few eyebrows... keep your eyes peeled for big announcements... I got a good feeling about it...