CanAm Uranium Corp. CAUI Archives - Page 4 of 5

FridayApr 20, 2007 10:44 am

CanAm Uranium Corp. (CAUI.OB) Enjoying a Nice Rally on Friday, Up 10.87% at Mid-Day

CanAm Uranium Corp. (CAUI.OB) is bringing together renewed interest in the Uranium Sector, as ore prices have been rocketing, of late, and drilling is underway at the company's Bancroft properties. Investors are definitely responding to the twin events. SmallCap Sentinel has been looking at CanAm; and sees a bullish signal here. The addition of two well-respected uranium management personnel to the CanAm Uranium Corp. (OTC BB:CAUI.OB - News) team is clearly a bullish sign for the company,'' stated SmallCap Sentinel analyst, D.R. Clark. ``Not only does the company now have access to their acumen and talents, it also indicates the confidence these experienced…

FridayApr 20, 2007 9:39 am

CanAm Uranium Corp. (CAUI.OB) – Up 12% Today as the Price for Uranium Reaches New Heights

Uranium prices have been increasing steadily in the past 4 years and investors are taking notice. Two years ago the metal could be bought for $20 a pound, last week it was selling for $113, a 565% increase. The momentum is accelerating its pace as prices increased 19% from the prior week. In fact, this was the biggest weekly gain since 1968 according to Ux’s tracking records. Let us hear your thoughts below:

ThursdayApr 19, 2007 5:51 am

Drilling Advancing Rapidly at Bancroft for CanAm Uranium Corp. (CAUI.OB)

CanAm Uranium Corp.'s (CAUI.OB) Dr. Michael Hitch, Head of Field Operations for CanAm was recently interviewed on Stockhouse. During the conversation, Hitch announced that drilling in Bancroft was advancing rapidly, with three holes already completed. He also stated that good lengths of uranite mineralization have been found. ``We're now drilling on the Amalgamated Rare Earth No. 2 property and look to have assay results by the end of April,'' Dr. Hitch said. Uranite (UO2) is a brown to black mineral, commonly known as ``pitchblende,'' forms the chief uranium ore used in the manufacture of nuclear fuels. Let us hear your thoughts below:

TuesdayApr 17, 2007 5:02 am

Ownership Transfer of Wheeler-Beckett Claims in Saskatchewan Puts CanAm Uranium (CAUI.OB) on the Map

CanAm Uranium Corp. (CAUI.OB) is set to kickoff its Summer Exploration Project on the property, and the official title transfer is a key step in the process. The transfer of title puts CanAm Uranium Corp on the map in the Athabasca Basin officially with the Saskatchewan Government. The Wheeler-Beckett Property is located 24 miles south east of the world-class McArthur River and Cigar Lake Mines that have a combined proven reserve of over 600 million pounds of uranium. In preparation for the Wheeler Beckett Work Program, the Company is evaluating an extensive archive of historic data, which includes satellite geochemical and historic radiometric/gravity surveys.…

MondayApr 16, 2007 11:56 am

CanAm Uranium Corp. (CAUI.OB) Announces the Title Transfer of Wheeler-Beckett Claims

This afternoon, CanAm announced it has been notified that the title transfer for the Wheeler Beckett Claims is now complete. The property is 24 miles south east of the McArthur River and Cigar Lake Mines which have a proven reserve of over 600 million pounds of uranium. Ryan Gibson, CEO of CanAm, states that the transfer will put CanAm on the map in the Athabasca Basin. The Saskatchew government and Third Party Map designers can now put the CanAm name right beside International Uranium Corp., CanAlaska, Cameco and JNR Resources Inc. In order to prepare for the Wheeler Beckett Summer…

MondayApr 16, 2007 8:35 am

CanAm Uranium Corp. (CAUI.OB) Strengthens its Technical and Corporate Team with New Board Members

CanAm Uranium Corp. (CAUI.OB) announced the appointment of Paul T. Sarjeant and Dr. Peter Born to the Board of Directors. "CanAm has been working to strengthen its technical and corporate team with highly qualified professionals to deliver superior shareholder value,'' said Dr. Michael Hitch, CanAm's Chief Geoscientist and Director. Both new Directors have been associated with Dr. Hitch corporately and operationally for many years. Paul T. Sarjeant, B.Sc., P.Geo., has been involved in the mining industry for over twenty years, with extensive experience in project evaluation and management for junior and senior companies in Canada and around the world. Dr. Peter Born P.Geo, is…

FridayApr 13, 2007 2:22 pm

CanAm Uranium Corp. (CAUI.OB) Adds Seasoned Mining Advisor to Team

CanAm Uranium Corp. (CAUI.OB) reported that Stewart ``Tookie'' Angus has joined the team by an appointment to the Advisory Board. Tookie Angus is an independent business advisor to the mining industry. He was most recently Managing Director - Mergers & Acquisitions for Endeavour Financial. Prior to joining Endeavour Financial, he was a partner at Fasken Martineau and headed the firm's Global Mining Group. For over 25 years, Tookie has focused on significant international exploration, development and mining ventures, and all aspects of their structuring and finance. Tookie is a director of Bema Gold Corporation, Blackstone Ventures Inc., Nevsun Resources Ltd. Polaris Minerals Corporation and…

WednesdayApr 11, 2007 3:30 pm

CanAm Uranium Corp. (CAUI.OB) to Benefit Greatly from SOARING Uranium Prices

Have you noticed the price of Uranium lately? The price is soaring through the roof, up almost 20% this week. The price of the metal has broken through the $100 mark, reaching a record $113 a pound. Experts had predicted that it would break through the $100 mark this year. The rise, prompted by a shortage of the metal and an interest in nuclear energy as an alternative to fossil fuel, has been accompanied by a flurry of activity in the industry as companies scrabble for the scarce resource. CanAm Uranium Corp (CAUI.OB) was up nearly 5.69% today and closed at…

TuesdayApr 10, 2007 10:31 am

The Wheeler-Beckett Project in Saskatchewan is Included in the 2007 Exploration Plan for CanAm Uranium Corp. (CAUI.OB)

CanAm Uranium Corp. (OTCBB: CAUI.OB) holds a 100% interest in the Wheeler-Beckett Project, subject to making payments. The Project consists of 11 contiguous claims totaling 126,000 acres located on the eastern edge of the Athabasca Basin in Saskatchewan. CanAm has targeted the Wheeler-Beckett Project in Saskatchewan for exploration in its 2007 budget. The Company has allocated $1 million dollars Canadian for the effort this year. The work will include a radiometric geophysical survey, ground proofing and mapping, and follow-up trenching and sampling. Recent magnetic geophysics have been very encouraging and have indicated a strong correlation to and continuity with neighboring…

ThursdayApr 05, 2007 5:28 pm

CanAm Uranium (CAUI) has Ignited the Long Silent Uranium Industry in Bancroft Ontario after 25 Years

CanAm Uranium has announced it is in the early stages of a $500,000 work program which could see uranium mining resume in the Bancroft area. The program will consist of 1,650 metres of drilling on a property that was once home to four past producing mines which produced 14,862,652 pounds of uranium between 1956 and 1982. The Company is moving forward with its initial drilling program to determine if the former mines are worth reopening there. This area was previously mineral rich, and CanAm is moving forward on Halo Prospect, as its initial target area. Once a required survey is…

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