Investors Send Shares of CanAm Uranium Corp. (CAUI.OB) Up Sharply Early Thursday, as Company Provides Update
CanAm Uranium Corp. (CAUI.OB) announced a Corporate Update Thursday morning which outlined some very key points: Since CanAm Uranium's Board of Directors chose to focus on Uranium as the cornerstone of the company, Uranium has increased from roughly $40 per pound to $135 per pound at its current spot price as of July 2nd 2007. CanAm has grown to over 4,000 investors and 159,000 acres of prospective Uranium Properties in some of the world's most prolific uranium mining areas including Bancroft, Ontario and the Athabasca Basin Saskatchewan. At Bancroft, CanAm Uranium Corp.'s fieldwork focus has been the development of the…