1] "Uranium Company is so new it's not even registered with the state yet" - So this is a new company, K Meyers previous vehicle was METC (Now UKL)
2] "the company has ties to an Australian firm" - Obviously UKL, but as you say. could just be through K Meyers
3] "Uranium Company lays out its plans to drill 10 holes each 600 feet deep and five inches wide to find out exactly how much uranium lies underneath" - So this seems more thanjust a title holding company
4] "According to a 2006 prospectus designed to attract investors, there could be more than 4.5 million pounds at 12 percent U3O8" - What prospectus is this refering to? Is it for the "new" company UC of NM, or are they mixed up up with UKL which put out a prospectus & listed in 2006?
All very intrigueing to me .... as you say, it could just be a vehicle he uses to obtain leases & the article is mixing it with UKL & Rio Puerco ... Or, there could be some interesting things happening soon.
Whatever, the current SP movement is due to a re-rating of UKL & greater market & broker interest.
It is going to be a good 2007
cheers
UKL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held