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Sunday, 02/26/2012 10:33:03 PM

Sunday, February 26, 2012 10:33:03 PM

Post# of 2045
Don't forget about our golden cow with Cameco!:

http://finance.yahoo.com/news/Uranium-Resources-Announces-bw-2971881082.html?x=0


"The second phase of drilling will begin in December 2011 and is expected to be completed by the end of November 2012. URI has decided to commit an additional $1.5 million in exploration activities during the twelve-month period ended November 30, 2012, in order to maintain the option to lease the property. Under Phase II of the agreement with URI, Cameco will fund $1.0 million toward those exploration activities and will earn an additional 10% interest in Los Finados, raising its interest in the project to 50%. Cameco may elect to fund the entire $1.5 million by moving into Phase III of the program."

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