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Wall Street Stock Ideas
Stock URHN has a very promising future |
Taipan Entry Point Above is the chart of a “cleantech” stock I recommended in the most recent issue of the Taipan newsletter. The company is a respected leader in a rapidly growing industry, with exciting technology and a $2 billion-plus market cap. (You can read more about it in today’s Taipan Daily, too… I’m just so excited about this opportunity, I don’t want anyone to miss it.) |
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| Stock URHN has a very promising future |
| Wednesday, 17 June 2009 | ||||||||
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This is why I think you need to look at URHN! "Gold has reasons to rally. The dollar is pretty risky to be in and Chinese demand for gold seems to be better than expected," said Stephen Platt, an Archer Financial Services Inc. commodity analyst in Chicago. Some experts have predicted gold will reach $1500 by the end of this year! URHN has diversified their interest to include gold due to economic conditions. Great move in my opinion! URHN has already entered into a Joint Venture Agreement to acquire 49% interest of the Eagle Nest Mining Property Claims ("Eagle Nest") located in La Paz County, Arizona from Sparrowtech Resources, Inc. This could be a huge deal for URHN as the property is located favorably near these unique gold deposits. Initially URHN was founded with the focus of developing a portfolio of quality uranium exploration properties in East Africa. Uranium is one of the most recession proof metals! The concerns of global warming are a good reason to look towards uranium and not fossil fuels. URHN realizes that uranium is very beneficial to nuclear plants. Since nuclear power is the cleanest form of energy available, it can be expected to play a growing role in helping nations achieve their emission reduction targets.I believe companies like URHN could be heavily in demand to help power these nuclear reactors. I like companies like URHN because they focus on being environmentally friendly. URHN plans to engage in socially and environmentally responsible methods throughout the entire production and mining process in all its projects. Let me tell you more about the Eagle Nest Mining Property.
Eagle Nest is located in the historic gold producing Bouse District, which is home to an important Arizona gold deposit called a detachment fault. One example of this type of deposit is Copperstone, which is located about 20 miles from Bouse and is the largest gold discovery in the State of Arizona in at least the past 50 years! Eagle Nest is located favorably near these unique gold deposits. URHN believes they can utilize concentration techniques that boost gold extraction. URHN and Sparrowtech Resources, Inc. recently announced the results of two independent assay and concentration tests completed in late 2008 at the Eagle Nest Mining Property. URHN President Mr. Reno Calabrigo stated, "These independent results confirm management's belief that Eagle Nest shows great potential to produce high levels of gold reserves. According to the results, Eagle Nest is considered to be heavily mineralized with excellent vein structure running throughout." URHN has a very promising future in my opinion. Experts are predicting that the U.S. will need 50% more electrical power by 2025. This really fuels the demand for uranium. And gold could break $1000/oz soon! More information on URHN is available at their website: www.uraniumhuntercorp.com
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