Canam Energy Inc. (CNGJ.PK) Shares Continue Bullish Run From “One to Watch” Alert
CNGJ shares have increased 67% from our alert on Wednesday of this week. The run continued today as share prices reached $0.40. This increase in share price is a reflection of the company’s focus on defining, exploring, and developing mineral properties while maximizing shareholder value. Canam Energy most recently announced that it has acquired its second Uranium property. The company believes that the new asset has as much potential as its Lake Otter property, which has shown 2.68% U3O8 - an equivalent of 52 lbs of Uranium per ton. After reviewing historical data and the February 2007 Government of Quebec report,…