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en Francais
| Date: |
11-20-2008 |
| Time: |
09:30 |
| Last: |
$0.04 |
| Volume: |
7000 |
| Change: |
+0.01 |
15-20 min delay
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Nova Uranium Corporation (TSX-V: NUC) is dedicated to the exploration and development of its three prospective Uranium properties; all of which are located in the mining friendly province of Quebec Canada. Two of these properties, Otish and Pom Pom, are high-grade uranium targets, while the Fortune property is a low-grade bulk tonnage target.
Nova management believes that the long term prospect for Uranium exploration is very bright. Recent dramatic price fluctuations of Uranium have caused the re-examination of prospects neglected over the past 25 years. Uranium demand will continue an enduring steady rise over the coming decade as many of the world's new nuclear power generators come into service. Nova continues to believe that this steadily growing demand for Uranium will not be met by currently recognized supplies and thus will result in a firm long term price increase of Uranium. Therefore, Nova sees the current short-term weakness of the Uranium exploration market as a perfect opportunity to target the acquisition of additional high quality Uranium prospects. Nova management seeks to grow, diversify and complement the current basket of Uranium holdings.
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| | Jul 17, 2008:News Releases:Quebec Airborne Geophysical Surveys Completed (more...) | | | | Jun 05, 2008:News Releases:2008 Exploration Program Update (more...) | | | | Jan 25, 2008:News Releases:Mont Laurier Phase IV Drill Results (more...) | | | | Dec 10, 2007:News Releases:Fortune Uranium Property Acquisition (more...) | |
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