RYQG.OB shares are currently 12.50% higher than the price when we released the stock as “One to Watch.” Earlier today, the stock hit $0.165 for 37.5% gains from our alert.
The Company has made great progress in meeting its strategic objectives. In May of this year, the company announced that it acquired an additional 100 Uranium claims in Wyoming, bringing the company’s total land holdings in the Sheep Mountain area to 177 claims or 3,540 acres.
Together, the 177 claims are known as the Kale claims. The claims are ideally situated between SXR Uranium One Inc.’s Sheep Mountain Mine, with an estimated mineral resource of 15.6 million pounds of U308, and Rio Tinto’s Green Mountain property, which is estimated to contain 57.7 million lbs U308.
In the press release announcing the acquisition, Royal Quantum Group revealed that it is evaluating additional property for acquisition. The Company’s Exploration Manager is more than qualified to handle this operation as he has over 25 years of experience in managing exploration and development programs, and is a graduate from McGill University with a BSc Honors degree in geology.
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