Friday, July 20, 2007

Ultra Uranium (TSX: V.ULU) Assays Shareholder Confidence

On Feb. 13, 2007, Ultra Uranium (TSX: V.ULU) released a 43-101 technical report on its Kalnica-Selec property in Slovakia, which prompted the company’s stock to fall into a tumble from which it still hasn’t recovered. Ray Roland, President and CEO, believes the stock price will bounce back once investors realize the potential of the property. “We think there’s considerably more uranium there than was reported,” Roland says. “The recent 43-101 was indicative of the quality of the deposit only to the point that it had been taken during the exploration at the property in the ‘70s and ‘80s.” Roland is confident that once Ultra completes confirmation drilling and reports results from mineralized holes that weren’t included in February, their next 43-10 View the rest of this article


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