Uranium North Resources Corp fka UNR (UNR)

[EnergyGuy62]

UNR UP 6.25% to close at .085 on a volume of +70,000 shares.

The company released a technical report about their Amer Lake uranium property which attracted some attention today.

This report is a prelude to more resource definition drilling which should occur in late April-May.

After the results of that drillng come back from assays (say about July), they will be released to the general public, then a 43-101 analysis will begin and that should be released by September. (If the 43-101 confirms that they have 17 or more million pounds of U308, the price should break out moving decisively above .125 going into the high .20s or even .30s.

All in all, lots of opportunity for the stock to gain in price this year.

It had a mini run up from .035 to .125 earlier this year.

I bought my currently held 19,000 shares at .062 Canadian...so I am in good shape as the current trading price is above my buy.