BUSINESS SUMMARY Compass Resources Ltd (CMR) is a uranium and base metals exploration and development company. Production from the Browns Oxide project is scheduled to start in mid 2007. The company is becoming increasingly focused on uranium exploration and development, with a scoping study expected completed in March 2007 on the Mt Fitch Uranium project in the Northern Territory. Compass' corporate goal is production of 5mlbs of uranium production from a 100mlb resource.
CMR Price at posting:
15.0¢ Sentiment: None Disclosure: Held
