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Bluerock Resources Ltd: Project Update.

Publication: M2 Presswire
Publication Date: 09-APR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-9 April 2007-Pinnacle Digest: Bluerock Resources Ltd: Project Update(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:09042007

Bluerock Resources Ltd (TSX-V: BRD) experienced a loss in the markets Thursday, as shareholders witnessed their company's share value decrease 6.67% following the exchange of 187,000 shares trading hands before the sound of the closing bell. The share price ranged $0.06 throughout the day, settling on $0.70 at the end of trading. In the article below, PinnacleDigest intends to further explore Bluerock Resources Ltd and the sector in which it resides. To continue this read and find out why our client base continues to grow, come explore www.pinnacledigest.com.

Once again, a shortage of supply has pushed the spot price of uranium to record numbers. The price has surged to nearly US$100 a pound for the first time in a generation, soaring 78 per cent during the past six months. This latest development has many analysts have been forced to revise their forecasts in an upwards direction. There is some belief that prices will reach $125 a pound this year and $140 a pound in 2008. That being said, investors are wondering when the inevitable pull back...

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