The Gold Report

Strathmore Minerals Corp. TICKER: STM:TSX; STHJF:OTCQX Visit Company Website Strathmore's goal is to become a leading uranium producer in the United States. The company is focused on advancing two core-uranium development projects toward production: Roca Honda in New Mexico, which is joint ventured with Sumitomo Corp. of Japan and the Gas Hills in Wyoming. Roca Honda is the largest uranium mine-development proposal in the U.S. in more 30 years. Strathmore Minerals Resource Summary

The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Analysis

Morning Coffee (2/2/12) "Strathmore Minerals Corp. announced that it has entered into a strategic definitive agreement with Korea Electric Power Corp. (KEPCO), whereby KEPCO will subscribe for common shares of Strathmore, with the proceeds to be used for the development of the company's Gas Hills uranium properties in Wyoming. . .Strathmore will issue, by way of a private placement, 14,586,182 common shares of the company to KEPCO, at a price of CA$0.55/share, for total gross proceeds of US$8M; upon completion of this financing, KEPCO will own approximately 13.9% of Strathmore."

Lawrence Roulston, Resource Opportunities (12/2/11) "Strathmore Minerals Corp. has several high-quality uranium development projects in the United States. The company has done an outstanding job over the past several years of assembling the projects and moving them through exploration to the resource stage. . .it has a strong management team, high-quality assets and $16M cash with which to continue to advance the projects."

The Energy Report Interview with Mickey Fulp (9/15/11) "I have been a long-term supporter of Strathmore Minerals Corp., which has an on-going feasibility study at Roca Honda in New Mexico with joint venture partner Sumitomo Corp. It also has the largest play in the Gas Hills of Wyoming with a partner in an announced, but not completed, deal with Korea Electric Power Corp. The memorandum of agreement was announced about a month ago."

Olivia D'Orazio, Proactive Investors (8/5/11) "Strathmore Minerals Corp. announced Friday it entered a binding 'Heads of Agreement' with Korea Electric Power Corp (KEPCO) that will see KEPCO help finance and earn an interest in Strathmore's wholly owned Gas Hills uranium project in Wyoming. . .Strathmore will use these funds to determine the potential, quantity, quality and commercial value of the uranium deposits in the Beaver Rim area, located south of the property's main deposit; the funds with also enable Strathmore to undertake a prefeasibility study and to generally advance the program at Gas Hills."

Deborah Sterescu, Proactive Investors (7/21/11) "Strathmore Minerals Corp. announced its technical report for the Gas Hills uranium properties in central Wyoming Thursday, with 10.7 Mlb. of Measured and Indicated resources and the potential for a further 36–68 Mlb. uranium. . .the technical report provides new mineral resource estimates for several properties where the company acquired historic drill data and later confirmed mineralization by drilling, including George-Ver, Day Loma, Loco-Lee, and the Rock Hill deposits. . .in particular, the Beaver Rim area, which was previously believed to be unexplored but with great development potential, has been the subject of new historical information showing that significant exploration programs were actually carried out."

• Corporate Presentation (9/13/11)
• Corporate Presentation (4/19/11)

(9/15/11) Mickey Fulp: Uranium Outlook

(2/28/11) Mark Lackey Discusses Strathmore on BNN

(9/20/11) CEO David Miller on Bloomberg Radio

(11/30/10) Uranium Update

Back to Top