Growth Stock, NNTN, Gains Control Of Leading International Health Products Company
Alternative Energy News -- Uranium Exploration and Mining Growth Stock Increases High Return Investment Potential With Progress In
Multiple Uranium Mining Projects
CanAm Uranium Corp. Stock symbol: CAUI
Notice and Forward-Looking Statements - This report is for informational purposes only. All data was obtained from information available on the Internet. No part is to be considered stock solicitation or an offer to buy or sell securities. No investment advice of any kind is to be inferred. This news release may contain "forward looking statements" as defined by SEC regulations. Actual results may differ materially. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the exploration for and development of mineralized material, product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
SUMMARY:
In alternative energy news CanAm Uranium Corp. (Stock symbol: CAUI), a uranium exploration and mining growth stock, announces progress with Bancroft, Ontario and Athabasca Basin, Saskatchewan and Sault St. Marie, Ontario Reilly Mining District Canadian uranium mining projects, increasing their potential to produce high investment returns.
Las Vegas, Nevada; Bancroft, Ontario and Athabasca Basin, Saskatchewan, Canada – October 19, 2007
Uranium (an alternative energy sector) exploration and mining growth company, CanAm Uranium Corp. (Stock symbol: CAUI) announces continued growth and increased value obtained through their strategic acquisition and development of uranium exploration properties in well-known prolific mining areas. CanAm Uranium Corp. has optioned over 159,000 acres of claims collectively within the Saskatchewan Athabasca Basin, Ontario and Brancroft, Ontario Canada uranium mining production areas.
Uranium has increased from roughly $40 per pound to $135 per pound spot price as of July 2, 2007.
CanAm Uranium (CAUI) has an option to acquire 100% interest in the Wheeler-Beckett property within the Saskatchewan Athabasca Basin. The property consists of 11 contiguous claims comprising approximately 126,000 acres. The claims are located approximately 24 miles from the McArthur River mine, the largest high-grade uranium mine in the world.
The Bancroft, Ontario uranium claims cover a total of approximately 9,765 acres. They are located in a well-known uranium producing region. The Faraday Mine, in the same geological area, has produced 2,544,716 tons of uranium ore.
Grass Root Acquisitions - CanAm Uranium (CAUI) has made grass root acquisitions in Ontario and British Columbia aiming for rapid growth thru a carefully developed acquisition and Joint Venture growth and high return strategy. CanAm Uranium (CAUI) has been actively contacting the top uranium companies in the world for potential joint venture of uranium properties.
``The key to success is location and people in mining. Be where the high-concentration Uranium is, and have the people and knowledge to finance the company and bring to production the discovery. I am confident with our location and our people which are driving the success of our company,'' said Ryan Gibson, CEO.
Mr. Gibson was recently interviewed by WallSt.net on WallStRadio. These subsidiaries of Financial Media Group, Inc. provide news on emerging growth stocks with the potential to produce growth and high return investments.
He has also been a featured guest on high return investment news and information radio provider,
The Bill Chippas Show. The Bill Chippas Show features 27-year veteran investment analyst
Bill Chippas (see http://www.billchippasshow.com ) and Mike King, a noted investment analyst
whose Princeton Research (see http://www.princetonresearch.com ) of Las Vegas, Nevada has built
a national reputation among stock market investors seeking high return investment opportunities.
In more alternative energy growth stock financial news, BUYINS.NET Research Report has signaled a Squeeze Trigger Price of $0.98 for CAUI stock value.
Uranium is used primarily as an energy source for nuclear fission reactors -- a safe, efficient, and emission-free alternative to fossil fuels. The market cycle for uranium has recently experienced a sharp increase. An estimated supply shortfall of 80 million pounds per year, for several coming years, is forecast by measuring current annual reactor demand and current annual mine production.
