The Company owns over 450 square miles of mineral rights covering nickel, platinum, zinc, gold and copper exploration targets in the Upper Peninsula of Michigan. Cameco Corporation and the Company have entered into an option/joint venture whereby Cameco can earn a 65% interest in a 784 square mile area of interests by incurring total expenditures of $23.6 million prior to 2021. Portions of the area of interest are subject to earn-in levels ranging from $1million to 10 million. In the Mistassini region of Quebec, the Company owns 175 mining claims located on magnetic anomolies which are being explored to determine their potential to host Ni/Cn/PGE or diamond deposits. In BC, the Company has entered into an option agreement to acquire a 100% interest in the GK Au/Ag/Cu project located 5km east of Beaverdell, B.C.
die letzte News war über Goldabbau!
und ansonsten mehrere private placements und nen Haufen Verlust sowie steigend geshortet!
Earnings before Interest & Tax ($000): 2004 -1,727 2003 -357
Profit/Loss ($000): 2004 -1,479 2003 -358
Earnings per Share: 2004 -0.06 2003 -0.02 Short positions steigend
2005/10/15 28,259 29,538 - 651,681 0.35 - 0.39
2005/09/30 1,279 1,279 0.34 447,749 0.32 - 0.35
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