Alberta Star Development (ASX) (ASXSF)
Posted on June 10, 2008 at 23:05 PM EDT
TICKER: TSXV-ASX; OTCBB-ASXSF DESCRIPTION: Canadian-based mineral exploration company Alberta Star Development Corp.’s flagship project is its 100% wholly owned Eldorado – Contact lake copper, gold, silver, cobalt and uranium (IOCG+U) project located in the Eldorado – Contact Lake Mineral Belt in Canada’s Northwest Territories. The property includes six former uranium & silver producers. The Eldorado – Contact Lake Mineral Belt is recognized by geologists as one of the most prospective Iron oxide, copper, gold, silver and Uranium (IOCG+U) regions in northern Canada. Alberta Star is featured in a documentary, “Somba Ke,” hosted by Global National’s Kevin Newman WEBSITE: http://www.alberta-star.com The information below is based on the most recent information we have received from analysts and the companies participating in The Gold Report. We encourage you to visit the company’s web site for updates. <!-- <! window.name="mainwindow"; function openWindow(url) { popUpWin = window.open(url,'adminWin','toolbar=0,scrollbars=1,resizable=1,location=0,directories=0,status=1,width=600,height=400'); if (navigator.appName == 'Netscape') { popUpWin.focus(); } } // > // --> “Alberta Star Development Corp. reported on Monday that grab samples received from the Mile Lake IOCG prospect has confirmed additional poly-metallic mineralization at several target areas. The grab samples show 22.72% copper, 1427.0 g/t silver and 8.30% zinc. The company’s Mile Lake Breccia, situated on the Contact Lake property on the south side of Echo Bay, is a new high grade poly-metallic breccia that is rich in copper, molybdenum, lead, zinc, silver and tungsten.” (6/9/08) - resourceinvestor.com <!-- <! window.name="mainwindow"; function openWindow(url) { popUpWin = window.open(url,'adminWin','toolbar=0,scrollbars=1,resizable=1,location=0,directories=0,status=1,width=600,height=400'); if (navigator.appName == 'Netscape') { popUpWin.focus(); } } // > // --> The more important take-away from this find is that it provides one more example of this project’s ability to host significant poly-metallic mineralization. . . The share price has battled the volatility in the gold market this month, and now looks priced to move. Given the company’s ambitious streak and the size of its land position, now looks like an excellent time to buy. (5/07) - Gold Newsletter <!-- <! window.name="mainwindow"; function openWindow(url) { popUpWin = window.open(url,'adminWin','toolbar=0,scrollbars=1,resizable=1,location=0,directories=0,status=1,width=600,height=400'); if (navigator.appName == 'Netscape') { popUpWin.focus(); } } // > // --> “…I also expect this year year’s exploration results to take the stock considerably higher higher, and we still have the opportunity to jump in before those assays begin to pour in. So, if you haven’ haven’t already bought the stock on my previous recommendation, Alberta Star remains a buy at current levels.”(3/07) - Gold Newsletter <!-- <! window.name="mainwindow"; function openWindow(url) { popUpWin = window.open(url,'adminWin','toolbar=0,scrollbars=1,resizable=1,location=0,directories=0,status=1,width=600,height=400'); if (navigator.appName == 'Netscape') { popUpWin.focus(); } } // > // --> “…it seems that Alberta Star Development Corp.is on the verge of making some big advances…with new results expected shortly on the company’s Eldorado and Contact Lake iron oxide-copper-gold project in the Northwest Territories. This whole area is bursting with mineralization, not only copper and gold, but also uranium, silver, lead, zinc, nickel, cobalt and bismuth. The company has been a fairly high-profile play, trading as high as C$2.85 over the past year on encouraging exploration results. But, as I indicated, investor fatigue has led to a decline in the share price…just as the company is uncovering some extraordinary new targets on its massive property position. I think Alberta Star is a screaming buy at its current price and, with news flow continuing from its 2006 program, I wouldn’t wait to take advantage of today’s bargain price.”(February 2007) - Gold Newsletter Leave a Reply Overall Rating No Rating 1 2 3 4 5 6 7 8 9 10 setDifference(0); showImages(1); You must be logged in to post a comment.