Uracan Resources Ltd.

Published : April 08th, 2008

Winston Updates Uracan Resources (URC, TSX)

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Winston's Growth Stock Report
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www.jameswinston.com

 

Issue 12 Vol.15 April 3, 2008 Customer Service 1-800-528-0559



Hathor Resources (HAT, TSXV) 6 More Mineralized Holes

Hathor was one of the top volume leaders last week as they announced that 6 more holes have shown positive gamma ray scintillometer readings. Not to be confused with actual lab results, the scintillometer does seem to have some correlation to what we might expect from the lab.

From the newly named Roughrider Zone, drill holes 16 through 21 all showed natural gamma radiation emissions. The holes were drilled within about 30 meters of the discovery hole, taking different angles on the target. Interestingly, the geological structure called the unconformity hasn�t been found yet. The unconformity is where miners normally find the highest grade uranium.

Two drills have been operating on the Roughrider Zone since the discovery however operations may close down shortly as warmer weather will deteriorate the access road and melt the ice on the lake where they are now drilling. They are now drilling holes 28 and 29.

It is also interesting to note that at the Mae Zone to the south, Denison, OURD and AREVA have been drilling all winter as well. They already have a drill proven discovery but it will be interesting what additional information they come out with later this year.

The aforementioned companies would be the most likely candidates to buy out the Roughrider project should it prove up to be an economic deposit.

As an added bonus, the Roughrider Zone is just 10 kilometers from one of the world�s top processing mills, the McClean Lake facility.

Keep holding or take a position.

Uracan Resources (URC, TSX)

Though Hathor is taking the limelight in the junior uranium exploration market, Uracan Resources has been quietly making great strides in expanding their near surface, economic grade, large tonnage uranium discovery at their 100% owned Double S Anomaly in Quebec.

The results so far this year are showing continued mineralization in multiple stacked zones with widths as thick as 156 meters grading from 0.010% to 0.049% U3O8.
The latest results are compounding the results of 2007 where new zones were being confirmed along the 1500 meter strike length. Uracan is building a potentially massive tonnage resource which is open at both ends of the strike and down dip. Management is now confident enough to begin preparing an initial resource estimate for the property. That�s an important milestone for the company, as research analysts need that to begin coverage. I expect that upon that news, due in mid-June, the investor audience for the company will broaden widely � and hopefully will mean an increase in share price.

The company has three drills turning right now � two in Quebec and one on its 100% owned Pipewrench Lake Property in Saskatchewan � another bulk tonnage near surface target. The next round of Double S results should be out soon. We don�t expect any results from Saskatchewan until late May. In Quebec, one drill rig is actively trying to expand the Double S zone, and another is testing other zones on the property � the WeeGee and the Johan Beetz targets. We don�t expect results from these new zones until May either.

Logistics are great at this property - Uracan can drill its North Shore Property year round, giving investors steady news flow. Uracan�s Johan Beetz target, for example, is right along a major provincial highway.

Uracan is good complimentary stock to Hathor. Uracan has the potential for lower grade massive tonnage whereas Hathor is likely zeroing in on a smaller but higher grade uranium deposit.

Uracan remains a buy for growth.


Denison Mines (DML, TSX; DNN, AMEX) Q4 Results

Our top blue chip uranium pick, Denison Mines has reported Q4 profits of US $24.5 million. Production forecasts have been downgraded this year to 1.4 million to 1.7 million pounds of uranium from 1.7 to 2.1 million. This decrease was a result of a slower start of their White Mesa Mill in Utah.

Output of vanadium-pentoxide, a substance used to harden steel, will be 3 million to 4 million pounds this year, down from an earlier forecast of 4 million to 6 million pounds.

Despite lower than expected revenues this year, CEO Peter Farmer is optimistic that uranium supplies are still tight and the outlook is for higher prices. Farmer suggested that later this year the price could climb back up to $95. So even though Denisons� revenues are off, higher uranium prices could improve their bottom line later in the year.

�We expect the spot price to recover and see (uranium) trading much closer, or even above, the long-term price (of $95) later this year, and believe the long-term price may increase also,� stated Farmer.

Denison, which reports in U.S. dollars, reported earnings of 12 cents per share for the fourth quarter, improving on a loss of $2.4 million or two cents per share for the same period in 2006. Revenue more than quadrupled to $36.8 million from $8.3 million.

In 2007 Denison's overall profit was $47.2 million or 25 cents per share. This is an improvement over a fifteen month period ending December 31, 2006 that saw them with a loss of $16.9 million or 18 cents per share.

Denison is a buy for growth.





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The profiles, critiques, and other editorial content of the Winston�s Growth Stock Report may contain forward-looking statements relating to the expected capabilities of the companies mentioned herein. The reader should verify all claims and do their own due diligence before investing in any securities mentioned. Investing in securities is speculative and carries a high degree of risk. The information found in this profile is protected by copyright laws and may not be copied, or reproduced in any way without the expressed, written consent of the editors of Winston�s Growth Stock Advisor. We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm.
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Uracan Resources
Vanguard Shareholder Solutions
Vanguard Shareholder Solutions (Vanguard) provides, for remuneration, corporate communications and investor relations services to the above mentioned client(s). The information contained in this email is based on existing disclosure documents or other publicly available information. You are encouraged to seek independent verification of any information that is important to your decisions. By responding to your inquiry neither Vanguard nor the above mentioned client(s) is offering securities or advising or soliciting the purchase or sale of securities.


Uracan Resources Ltd.

EXPLORATION STAGE
CODE : URC.V
ISIN : CA91688U2002
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Uracan Res. is a gold and uranium exploration company based in Canada.

Uracan Res. holds various exploration projects in Canada.

Its main exploration properties are PIPEWRENCH, NORTH SHORE, PONTBRIAND and COSTEBELLE in Canada.

Uracan Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 308.3 millions as of today (US$ 246.5 millions, € 215.9 millions).

Its stock quote reached its lowest recent point on December 18, 2015 at CA$ 0.01, and its highest recent level on October 28, 2021 at CA$ 7.31.

Uracan Res. has 105 940 000 shares outstanding.

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Corporate Presentations of Uracan Resources Ltd.
6/1/2009Junior Mining Stock Report interviews Uracan CEO
2/11/2009 updates investor presentation
In the News and Medias of Uracan Resources Ltd.
1/13/2009Brien Lundin updates Uracan Resources
Financings of Uracan Resources Ltd.
10/30/2009increases private placement to $5 million
Project news of Uracan Resources Ltd.
4/2/2014Uracan/UEX report uranium mineralization on the Black Lake P...
1/19/2012Please Visit Uracan Resources Ltd. at Booth #805 at the Vanc...
3/1/2011(Costebelle)BEGINS WINTER DRILLING CAMPAIGN ON ITS 100% OWNED COSTEBELLE...
9/9/2009(North Shore)Uracan - Grandroy Drilling Commences
8/26/2009(North Shore)Confirms High-Grade Uranium Zone
6/19/2009(North Shore)Launches summer drilling program and extensive field work
6/10/2009(North Shore)Continues to expand double S uranium Mineralization
2/26/2009(North Shore)URACAN DOUBLES TOTAL NEAR SURFACE NI 43-101 COMPLIANT INFERR...
1/13/2009(North Shore)DISCOVERS THIRD URANIUM TARGET IN QUEBEC
11/29/2008(North Shore)MAKES NEW URANIUM DISCOVERY 65 KM FROM DOUBLE S RESOURCE WIT...
11/26/2008(North Shore)NEW URANIUM ZONE DISCOVERED NEAR DOUBLE S RESOURCE
9/19/2008(North Shore)NEAR SURFACE URANIUM MINERALIZATION DISC =?iso-8859-1?Q?OVER...
7/10/2008discovers up to 2.83 pounds per ton U3O8 over 41.7 feet in s...
7/7/200819.96 million pounds U3O8 NI 43-101 compliant inferred resou...
2/26/2008(Pipewrench) TRENCH RESULTS UP TO 9.7 METERS OF 0.027% U3O8 FROM PIPEW
2/19/2008(North Shore)RESOURCE CALCULATION TO SOON BEGIN ON DOUBLE S ZONE
1/29/2008(North Shore) Increases Strike Strength to 1500 Meters at Double S Zone, ...
1/22/2008(Pipewrench)Significant Trench Results up to 0.122% from Pipewr
8/2/2007(North Shore)drills 24.3 m of 0.036% U3O8 at North Shore
5/30/2007(North Shore)Drilling Restarts at North Shore Property, Quebec
5/17/2007(North Shore)Reinhard comments on Uracan discovery
Corporate news of Uracan Resources Ltd.
7/5/2016URACAN ANNOUNCES CLOSING OF FIRST TRANCHE OF PRIVATE PLACEME...
5/27/2016URACAN ANNOUNCES $1.5 MILLION PRIVATE PLACEMENT OF FLOW THRO...
1/29/2016Clive Johnson Increases His Ownership of Uracan
9/22/2015Uracan Updates Status of Quebec Mineral Resource Estimates
8/28/2015URACAN ANNOUNCES CHANGE TO BOARD OF DIRECTORS
1/22/2015Uracan And Forum Announce Drill Results From Clearwater Prop...
1/8/2015Uracan and UEX Begin 2015 Drilling Campaign on the Black Lak...
11/26/2014Uracan Announces Closing of Private Placement in the Total A...
11/8/2014Uracan Announces Non-Flow Through Private Placement
11/7/2014Uracan Announces Non-flow Through Private Placement
10/23/2014Uracan Announces $0.9 Million Private Placement
9/11/2014Clive Johnson Increases His Ownership of Uracan
8/27/2014Uracan and Forum sign definitive Option Agreement on Clearwa...
7/8/2014Uracan options Patterson Lake South area property from Forum...
6/27/2014Uracan And UEX Announce Amendment of Option Agreement
6/23/2011(Costebelle)WINTER 2011 URACAN DRILLING OUTLINES SIGNIFICANT URANIUM MIN...
3/17/2010well positioned to benefit from new uranium investment rules
12/7/2009discovers multiple new areas of uranium mineralization in Qu...
11/25/2009discovers 12 meters of 0.123% U3O8 on its 100% owned Costebe...
10/20/2009Highest grade uranium for Surface Deposits - Uracan
10/15/2009 Uracan's Grandroy yields intercepts of up to 0,213% (4.26 l...
8/26/2009New Uranium Discovery
7/8/2009Canaccord Capital says low grade can mean big profits for in...
7/3/2009Looming Uranium Shortage is Good News for Explorers
3/9/2009Uracan featured in Canadian Business Journal
2/12/2009Uracan: politically safe, financially secure says MidasLette...
11/4/2008Reinhard sees the potential in uranium juniors
8/27/2008Lundin Updates Uracan Resources
7/30/2008Lundin Updates Uracan Resources
7/14/2008Winston Updates Uracan Resources
7/10/2008A Rising Uranium Star on Quebec's North Shore - Markettrader...
6/17/2008discovers new mineralized zone at TJ Zone and additional wid...
4/28/2008Discovers New Uranium Mineralization at Double S and Johan B...
4/8/2008Winston Updates Uracan Resources (URC, TSX)
4/2/2008Gold Newsletter Update on Uracan Resources
2/28/2008Drill Results
10/30/2007Intercepts Additional Uranium Mineralization, Increases Stri...
7/11/2007 Exploration begins at Pipewrench Lake, Saskatchewan
5/17/2007Significant near surface uranium mineralization intersected ...
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TSX-V (URC.V)OTHER OTC (URCFF)
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