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Azimut Exploration Inc: A Joint Venture Update.

Publication: M2 Presswire
Publication Date: 30-NOV-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 November 2006-Pinnacle Digest: Azimut Exploration Inc: A Joint Venture Update(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:30112006

Azimut Exploration Inc (TSX-V: AZM) recently announced with Northwestern Mineral Ventures Inc. a new discovery that has both parties involved very optimistic. Shareholders were elated to see a 3.75% increase in share value with 182,830 shares traded throughout the day. Although this company has a lot of gold properties, because of its uranium news we felt that it would be prudent to discuss the relationship the sector is having on uranium production. To find out why our client base continues to grow, come explore www.pinnacledigest.com.

In sector news, uranium continues to be a hot commodity as many hedge funds are adding this resource to their investment portfolios. The steady move towards nuclear energy has been occurring since 2001 when the spot price for uranium was under $10. "We're in a historic uranium shortage," said James Passin, who manages $580 million at New...

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