DALLAS, March 17, 2008 (PRIME NEWSWIRE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has released an "Under The Radar" report for Utah Uranium Corporation (OTCBB:UTUC). Utah Uranium is a Moab, Utah-based junior exploration and development company focused on the acquisition of past producing underground uranium mines that can be brought back into production in the near term with a low capital expenditure. All of the mines currently in the acquisition pipeline are within economic haul distances of the White Mesa Uranium Vanadium Mill in Blanding, Utah owned by Dennison Mines. The white Mesa Uranium Mill is currently the only operating Uranium mill in the United States.
UTUC plans to continue to expand its mineral resources through both exploration and drilling programs on existing properties and acquisitions, and advance its projects from exploration and development to production with the goal of generating cash flow to fund further exploration and acquisition activity. The company is concentrating on the project generation model, whereby the company will research, negotiate and acquire highly prospective properties, then joint venture these projects to third party companies. By following this model, the company expects to partially or completely cover acquisition costs, allow development of the projects through third party funding, while retaining sizeable interests in each property.
To view the StockGuru.com "Under The Radar" Report for Utah Uranium Corporation, please visit: http://www.stockguru.com/radar/radar12122007.php
To view the StockGuru.com Profile for Utah Uranium Corporation, please visit http://www.stockguru.com/profiles/utuc
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Cautionary note: This report may contain forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. Unless otherwise stated, any and all resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
Disclosure: Pentony Enterprises LLC was compensated $19,500 from a non-controlling third party for coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.