Wird hier ein gelber Urankuchen gebacken? - 500 Beiträge pro Seite

[Pekpek]

Wer moechte gern ein Stueck vom Gelben Kuchen haben?

In USA 9% plus und eine tolle News:

Yellowcake Mining Inc. Announces Drilled Potential Resource of 8 to 15 Million Pounds of Uranium at Juniper Ridge

William Tafuri, Director of Yellowcake Mining Inc. (OTCBB: YCKM) ("Yellowcake"), is pleased to provide further information on the Juniper Ridge Project area near Baggs, Wyoming, USA. Yellowcake recently signed an LOI to option an 80% interest in properties in this area, the Red Creek located-claim blocks and adjacent Wyoming State Lease, from Strathmore Minerals Corp. (See news release dated January, 30, 2007).

The Juniper Ridge property is located in the Poison Basin in Carbon County, southern Wyoming, six miles west of the town of Baggs, Wyoming. Wyoming is responsible for over 200 million pounds of historical uranium production and was the second leading uranium production center in the United States.

Uranium was first discovered in the Poison Basin area in 1953 by geologists James Vine and George Prichard on behalf of the U.S. Atomic Energy Commission. Surface sample grades of up to 3.2 % U3O8 are reported. The property has been held by a series of companies since the 1950s, including Teton Exploration, AGIP Mining, Inc., Carbon Uranium Company, and, most recently, Urangesellschaft, USA. Previous exploration is substantial; approximately 2000 holes have been drilled.

Previous drilling by Urangesellschaft USA during 1975-79, outlined a potential resource of 8 to 15 million pounds of yellowcake (U3O8) (P.L. Collyer, 1979 report). By 1979, plans were made to build a mill and go to production at the rate of 2000 tons of ore per day. However, in 1979 global demand for uranium fell so the mill was never built.

The Juniper Ridge Project lies at the south end of a graben. The area is underlain by the flat-lying Miocene age Browns Park Formation which unconformably overlies the Eocene Green River and Wasatch Formations. The sands composing the Browns Park Formation are indicated to have been deposited as wind blown dunes.

The Browns Park Formation is divided into two distinct lithologies: a basal conglomerate member and overlying sandstone member, each of which host uranium deposits. Material provided to Yellowcake shows that uranium mineralization is present from the surface to 300 feet depth in discontinuous lenses and layers which range in thickness from less than one to several tens of feet at a mining grade of up to 0.20% U3O8.

From 1954 through 1966, seven companies recovered a total of over 500,000 pounds of yellowcake from ore with an average grade of 0.17 % U3O8 from 12 open pits. In the late 1970's, under the control of Urangesellschaft, the Juniper Ridge Project nearly went into full production.

Yellowcake and Strathmore plan to complete the definitive joint venture agreement and work towards advancing the development plans as soon as possible.

Photographs, cross-sections and maps are available at www.yellowcakemining.com.


Yellowcake Mining Inc.
William Tafuri, 1-877-338-4438


Source: Business Wire (February 7, 2007 - 11:12 AM EST)

[cartagena]

wie soviel andere neu börsennotierte minenwerte,
bekommt man(n) diesen wert auch wieder günstiger

also einfach abwarten und tee trinken

[Pekpek]

Antwort auf Beitrag Nr.: 27.502.861 von cartagena am 08.02.07 08:47:29

ja aber dann ist der kuchen nicht mehr frisch und schmeckt nicht mehr zum tee!

[RiseTrade]

Antwort auf Beitrag Nr.: 27.502.968 von Pekpek am 08.02.07 08:53:19

Musterdepotaufnahme!!!

[derstauner]

Antwort auf Beitrag Nr.: 27.504.785 von RiseTrade am 08.02.07 10:11:14

??

[RiseTrade]

Antwort auf Beitrag Nr.: 27.504.836 von derstauner am 08.02.07 10:13:08

Grade per Sms dienst...

[cartagena]

Antwort auf Beitrag Nr.: 27.502.968 von Pekpek am 08.02.07 08:53:19

darauf stehe ich aber !!!!!

[Matheros]

Das wird ein MEGA DING !

Strathmore Completes LOI With $8 Million Commitment From Yellowcake Mining
KELOWNA, BRITISH COLUMBIA -- (MARKET WIRE) -- January 30, 2007 -- Strathmore Minerals Corp. ("Strathmore") (TSX VENTURE: STM) is pleased to announce it has entered into a binding letter of intent to form a joint venture with Yellowcake Mining Inc. ("Yellowcake") to develop The Baggs, Juniper Ridge Project (Red Creek Claims and Associated State of Wyoming Lease) properties in the State of Wyoming, United States. The Juniper Ridge project is located in the Poison Basin uranium district in south central Wyoming, close to the Colorado border. The total acreage of the property is approximately 3,200 acres.

Mr. Dev Randhawa, Chairman and CEO of Strathmore commented, "We are very pleased to enter this JV as it marks the beginning of an aggressive strategy by our company to monetize our non-core assets. We can advance a number of uranium assets outside our targeted production areas." Mr. David Miller added, "The Baggs/Juniper Ridge properties offer an excellent opportunity for our new partner to develop as there is potential for a significant uranium resource and secure production much faster than starting a grass roots exploration project."

The property was originally discovered by Urangesellschaft U.S.A., Inc. in the 1970's and was known as the Juniper Ridge Uranium Deposit. The discovery of the Orebody was announced in September, 1979 (p. 60, Third Annual Uranium Seminar, Wyoming Mining and Metals Section of AIME - American Institute of Mining Engineers.). Over 2,000 holes were drilled in the 1970's by Urangesellschaft, USA and AGIP in the 1980's.

The terms of the transaction are summarized:

A) Strathmore will option an 80% interest in the Baggs Properties to Yellowcake and provide Yellowcake with all data in possession with respect to the Baggs Properties for the following consideration:

1. 9,000,000 shares of Yellowcake to be issued on closing;

2. $US 100,000 to be paid upon closing, $US 100,000 additional payment on each anniversary date for 4 years for a total of $US 500,000; and

3. An obligation to spend $US 1.6 million per year for a period of 5 years for a total of $US 8 million. Upon spending half of these funds, $US 4,000,000, Yellowcake will earn 50% of the optioned interest, and upon the additional $US 4,000,000 expended, Yellowcake will earn the additional 50% of the optioned interest to own 80% of the project; and

4. An NSR Yellowcake Royalty payment of 3% on the optioned portion on all future production.

B) In addition, in consideration for an initial payment of $US 25,000 upon closing, and a commitment for Yellowcake to spend $US 440,000 for a minimum period of one year, Yellowcake will finance the evaluation of the Strathmore Texas Database (also known as the Conoco Files) regarding uranium prospects in Texas. The expenditures will be required to fund additional office space and staff for analysis of the database, which includes travel and professional consultants (contract landman, etc.). If a suitable target is identified, Yellowcake will be required to spend the necessary funds to acquire land leases. Subsequently, Strathmore and Yellowcake will be 50/50 partners in the development of the identified targets resulting from the database.

Strathmore will be in charge of all operations on the Baggs Property during the Earn-in Period. Strathmore will manage the Conoco Texas Data Evaluation. Yellowcake will be the operator after it has earned its 80% interest in the Baggs Properties. David Miller (President and COO of Strathmore) will join the board of directors of Yellowcake upon closing.

The parties will use their best efforts to obtain all regulatory and other approvals and close within 90 days or as soon as mutually agreed upon.

Yellowcake (OTCBB: YCKM) is a Nevada based company with a mandate to develop uranium projects and in particular, the Baggs/Juniper Ridge properties. Yellowcake will arrange for a financing of 4 million units at no less than $1 each, each unit consisting of 1 share and 1/2 warrant at $1.50 for two years.

STRATHMORE MINERALS CORP. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties. Headquartered in Kelowna, British Columbia, the Company also has U.S. based Development Offices in Riverton, Wyoming and Santa Fe, New Mexico. STRATHMORE MINERALS CORP. Common Shares are listed on the TSX Venture Exchange under the symbol "STM".

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

ON BEHALF OF THE BOARD

David Miller, President and COO



The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.






--------------------------------------------------------------------------------


Contacts:
Strathmore Minerals Corp.
Bob Hemmerling
Investor Relations
1-800-647-3303

Strathmore Minerals Corp.
Craig Christy
Investor Relations
1-800-647-3303
Email: [e-mail]
Website: www.strathmoreminerals.com


SOURCE: Strathmore Minerals Corp.

[finanzmarc]

holt euch ein stück vom kuchen bevor es zu spät ist.

[pavement]

Antwort auf Beitrag Nr.: 27.505.670 von finanzmarc am 08.02.07 10:45:09

Yep, bin dabei

[raepp]

Urex läßt Grüßen

[BikiniAnalyst]

Antwort auf Beitrag Nr.: 27.505.892 von raepp am 08.02.07 10:54:10

informier dich erstmal!

Das ist kein schrott wie Urex !!

[BikiniAnalyst]

Antwort auf Beitrag Nr.: 27.505.892 von raepp am 08.02.07 10:54:10

Urex hat in New Mexico gerade mal 2 639 509 Kilogramm Uran


Yellowcake hat alleine in Juniper Ridge 8 000 000 Pfund bis 15 000 000 Pfund. Das sind 4 000 000 bis 7 500 000 Kilogramm Uran !!

[BikiniAnalyst]

Antwort auf Beitrag Nr.: 27.506.731 von BikiniAnalyst am 08.02.07 11:26:04

urex hat in New Mexico gerade mal 2 639 509 Kilogramm Uran


Yellowcake hat alleine in Juniper Ridge 8 000 000 Pfund bis 15 000 000 Pfund. Das sind
4 000 000 bis 7 500 000 Kilogramm Uran !!

[Pekpek]

MAL GESPANNT WAS HIER NOCH KOMMT

[taschenrechner1]

Antwort auf Beitrag Nr.: 27.506.837 von Pekpek am 08.02.07 11:30:01

wie bewertet man denn dieses unternehmen, was haben die denn eigentlich zu bieten?

[Zocker_Freak]

Antwort auf Beitrag Nr.: 27.506.893 von taschenrechner1 am 08.02.07 11:32:00

schau am besten in diesen Thread Thread: Yellowcake Mining - 8 bis 15 Mio. Pfund Uran !!

[taschenrechner1]

Antwort auf Beitrag Nr.: 27.506.837 von Pekpek am 08.02.07 11:30:01

ab wann würdest du einsteigen pekpek? oder bist du schon drin?

[gerdass]

Antwort auf Beitrag Nr.: 27.506.837 von Pekpek am 08.02.07 11:30:01

Ja,ich möchte 1 Stck Kuchen oder gleich 2
Und was hier abgehen wird,da kann ich nur sagen
alle anschnallen,die noch drin sind
In Kürze wird es steil nuf gehen

[Wirley]

Ich hab mich auch mal mit an den Tisch gesetzt...Kuchen ess ich immer gern.

[hasi22]

hey Pekpek,
bist Du noch da (siehe a. anderer Thread)

es geht los !!!

[Pennystock777]

Yellowcake's Juniper Ridge: South Wyoming’s Best Uranium Discovery?
posted on: April 13, 2007 | about stocks: YCKM.OB

In yesterday’s conversation with Dr. Robert Rich, we determined he had the credentials and industry knowledge to provide Yellowcake Mining (YCKM.OB) with credibility in the uranium space. But, what about the geology? Many juniors have skated onto the radar by using a ‘big name’ to attract investors. Too often, the property’s geology is lacking the factors which would lead to actual uranium mining. Often, the industry-celebrity name is barely familiar with the company’s property.

To our surprise, Dr. Rich was intimately familiar with Yellowcake Mining’s Juniper Ridge property in southern Wyoming. “I had looked at Juniper Ridge in the late 1970s and early 1980s when it was owned by Urangesellschaft [UG], a German company,” he told us. “At the time there were still fresh open cuts from previous open pit mining there. There was a bit of uranium produced during the last market cycle of uranium, but I was impressed with the potential for it to become a much bigger operation. And then I didn’t hear anything about it for over twenty years.”

Juniper Ridge Bigger Than We Thought

He explained some of the production costs and geology, describing Juniper Ridge. “I think there was a feasibility study that gave favorable results when the market was around $40/pound,” Dr. Rich said. “Its mineralization is in pods. When I was there before, it looked like I was in a giant prairie dog village.”

What kind of mining would take place at Juniper Ridge, then? “I think that’s one of the reasons why people hope it will be ISR-amenable,” Rich answered. “Maybe you put a well field on each of the pods and get out what you can at a low production and low processing cost.” Because of the property’s history, Dr. Rich wouldn’t rule out conventional mining. “We have 2,000 drill holes which need to be re-analyzed.”

So we spoke with David Frank, the Strathmore Minerals (STHJF.PK) geologist who has been analyzing about one-half of those drill holes on behalf of joint-venture partner Yellowcake Mining. “We’re getting above average, reasonably good grades,” Frank told us. “I’m not disappointed.” Frank scrolled through data during our telephone interview, citing some of the exceptional holes: 0.2, 0.3 and 0.5.

“Some are in the percents,” Strathmore Minerals president David Miller told us. “According to the industry, Juniper Ridge was the best discovery made in southern Wyoming. It was the only one with significant uranium mineralization in the Browns Park Formation.” The formation encompasses northeastern Utah, northwestern Colorado, and south-central Wyoming. “It is a slightly younger formation than the Wind River or Wasatch formations,” said Miller, who was recently announced as director of Yellowcake Mining. “This is another tertiary age sandstone formation in Wyoming which contains substantial uranium mineralization.”

Miller rated this formation third in the state. He explained the Wind Rivers formation, with Gas Hills and Shirley Basin, was Wyoming’s most prolific uranium producer, followed by the Wasatch formation, which includes Powder River and the Red Desert.

Historically, Juniper Ridge was the site of 12 small open pit mines. UG nearly brought the property into production in the early 1980s. There were pit designs and it was reportedly permitted. Machinery was ready to break ground. UG had given the project the green light, when the bottom fell out of the uranium market. Later, the Italian company, AGIP bought, hoping for a turnaround in the uranium price. The uranium price drought lasted longer than expected, and it passed through to other hands.

As the uranium price appeared to be heading higher, Strathmore Minerals acquired the property. In mid March, Yellowcake Mining optioned an 80-percent interest in the property, which it will earn by spending $8 million over a five-year period to develop Juniper Ridge. As part of the transaction, Yellowcake issued nine million shares to Strathmore.

Strathmore corporate secretary Bob Hemmerling told us, “This is part of our corporate strategy to monetize our non-core assets so that we can advance our flagship projects.” Others we spoke with confirmed this was likely to become an economic uranium mining operation.

“We are too early days, but I would feel pretty confident in a $60 to $70 (uranium price) market of not having any problem bringing it on-line and making money,” Dr. Rich informed us. “I think it has potential to become a medium-size producer – maybe a couple million pounds a year. The mineralization is not all that deep.”

Juniper Ridge is a near surface deposit with uranium mineralization starting at the surface and running a few hundred feet to depth. “The deposit was discovered by picking up surface rocks with a Geiger counter,” said David Frank. It might be mined by a combination of open pit for the shallow mineralization and ISR for uranium at depth. “Possibly by heap leaching piles of ore, “Rich said. “Or if you went underground, you could heap leach and inflate – like heap leaching ‘in place.’ This was done once at New Lake Mines in Canada’s Elliot Lake region.”

Miller pointed out, “We expect to drill the property, for permitting purposes, in 2007. It was under development to become an open-pit mine, before it was put on ‘stand by’ by UG.” Data compilation is ongoing to analyze more than 2,000 holes previously drilled.

“It’s a real action property,” Strathmore’s John DeJoia told us from the company’s Santa Fe, New Mexico permitting office. “Developing it will bring a lot of new applications to the ISR (in situ recovery) uranium industry.” DeJoia is intimately familiar with the prospects at Sky because he had evaluated the property’s potential during the last uranium cycle. “It’s a fairly straightforward ISR mining project,” DeJoia added. “Sky will be easy drilling because of the formation.”

Located in Fremont County near Lander and Riverton, Wyoming (near Strathmore’s U.S. headquarters), the Sky property is a relatively small uranium deposit – about one million pounds U3O8. Why bother with something this small? “It’s an ideal ISR property to introduce new technologies,” DeJoia said. Uranium mined at Sky would be processed through a small, inexpensive plant. “It would be modular and portable with new technologies,” he added. DeJoia explained this could become a new development for existing remote ion exchange technology.

This may signal a bigger property development. “I think it will be developed in conjunction with other properties in the area,” DeJoia speculated. An April 10th news release announced it would be the first of Strathmore’s properties to begin data collection for permitting purposes. Strathmore has several other Wyoming projects listed on the company’s website.

At first we thought the Sky property was a throwaway, like other properties tossed like doggie biscuits by the higher market cap uranium juniors to barking new uranium junior entrants. We talked permeability with David Miller about Sky. “The Sky property has about eight-fold the permeability of Christensen Ranch,” Miller confided. He would know, because he was chief geologist at this ISR uranium operation for four years. “Christensen Ranch had 300 millidarcy; Sky has 2500 millidarcy,” Miller said.

Millidarcy is used to measure the permeability of a uranium roll front deposit. The higher the darcy (1.0 or greater shows good promise), the more permeable the deposit. This unit of measurement is widely used in petroleum engineering and geology. We discussed the importance of permeability in our basic ISR series.

This may explain why both companies are excited by joint developments in Wyoming. Geologically, both Strathmore Minerals property assets have greater prospectivity than we first thought. These present the significant opportunity Dr. Robert Rich explained to us in Part One of this series.

And what about the hundreds of pesky juniors which have sprung up to rape the uninformed investor? “I think that probably half the juniors are just opportunistic,” Dr. Rich told us. “That’s the nature of entrepreneurial activity—looking for the next horse to ride, like the pony express.” Rich further explained, “You wear out one, you get on the other. I think there are so many companies that probably had gold in their name prior to them having uranium in their name. When the next thing comes along, whether it’s nickel or whatever, they’ll change the company name and do something different.”

etwas zum Nachlesen

[kiom]

[HalinaR]

Zum ersten Mal, dass ich sehe, es sind mehr Leute die kaufen wollen, als solche die die Aktie abgeben.
Gut,wir haben lange gewartet, dann mal los!