Tuesday, February 13, 2007

Uranium Index, Update

Will need to drop one component, and replace it with another.....

Read Full Post.....
UrAsia Energy Limited (TSXV:UUU) received a buyout offer from SXR Uranium One (TSX: SXR). This buyout offer will most likely be accepted without any issues from the UUU shareholders. The UUU shareholders will meet in May 15, 2007 to vote on this buyout offer, and assuming that the majority votes in favour, the transaction will complete by end of May 2007.
If the merger is successful, then at that time, I will drop UUU from the Uranium Index, and replace it with one of the following candidates:

PineTree Capital (
PitchStone Exploration (
TriEx Minerals (
PurePoint Uranium (PTU.v)

UPDATE: Perhaps you, the reader, can vote (via leaving a comment) on which one it should be, or nominate your own candidate to replace UUU.......

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