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01/30/11 5:57 PM

#103 RE: Pro-Life #102

Stock Gumshoe Newsletter reported this on Friday:


There are also other folks looking for uranium in Mongolia or hoping to restart old exploration projects, among publicly traded stocks I’ve seen a bit of chatter about the much larger ($400+ million market cap) East Asian Minerals (EAS in Canada, EAIAF on the pinks), which has a number of projects in Mongolia and Indonesia and seems pretty active, and the pocket-change sized Pitchblack Resources (Yahoo Finance says they have a market cap of just $3 million — that’s PIT in Canada, CHXMF on the pinks), which seems to have had an agreement to buy EAM’s Mongolian uranium assets — don’t know if that deal ever went through, and as far as I can tell Pitchblack (used to be called Cash Resources) provides only minimal public information and seems to have backed out of a number of deals in the last year.