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Article: Bayswater Uranium is a dominant uranium land holder: near-term production potential lifts Bayswater Uranium shares from 85 cents to $2.45 in 12 months.(URANIUM IN THE SPOTLIGHT)
- Article from:
- Western Standard
- Article date:
- May 7, 2007
CopyrightCOPYRIGHT 2007 Western Standard. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Excitement surrounding the uranium market has intensified in recent months by the problems at Cameco's Cigar Lake mine which was devastated by huge underground water inflows to the point where planned production has been delayed until at least 2010. As a result, supply-demand calculations for uranium have become spectacularly bullish, with the price of uranium soaring recently through the US$100 per pound level.
One Canadian junior working diligently to place itself in a very good position to take advantage of ongoing strength in uranium is Bayswater Uranium, a uranium exploration company with diverse property holdings ... holdings that will be further enhanced ...