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trumpmaster · Fri, 07-21-2006, 09:08 AM

Hi Everyone

Found this, this morning what does it mean?

CanAlaska Ventures Ltd. (OTCBB: CVVLF) possesses eighteen, 100%-owned, uranium projects in Canada's Athabasca Basin. Since September, 2004, the Company has aggressively acquired one of the largest land positions in the region, now comprising over 2,313,000 acres (936,000 Hectares). In 2005, CanAlaska expended over Cdn$5 million exploring its properties in the Athabasca Basin and delineated multiple uranium targets. Initial drilling from the West McArthur project revealed uranium mineralization and significant zones of hydrothermal alteration, indicative of a favorable environment for uranium deposition. An aggressive minimum $6.5 million exploration program is planned for 2006. With 77.13 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of CVVLF.

Fri, 07-21-2006, 09:08 AM	#12 (permalink)
trumpmaster Member Join Date: Jun 2006 Posts: 18	explain please? Hi Everyone Found this, this morning what does it mean? CanAlaska Ventures Ltd. (OTCBB: CVVLF) possesses eighteen, 100%-owned, uranium projects in Canada's Athabasca Basin. Since September, 2004, the Company has aggressively acquired one of the largest land positions in the region, now comprising over 2,313,000 acres (936,000 Hectares). In 2005, CanAlaska expended over Cdn$5 million exploring its properties in the Athabasca Basin and delineated multiple uranium targets. Initial drilling from the West McArthur project revealed uranium mineralization and significant zones of hydrothermal alteration, indicative of a favorable environment for uranium deposition. An aggressive minimum $6.5 million exploration program is planned for 2006. With 77.13 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of CVVLF.