u308

ULU is up another 20% already today!!!

The 43-101 must have been leaked, I cant think of any other reason for such strong support and upward movement day after day!

with only 15M TOS and 9M shares O\S, there is still alot more upside to this one!

GLTA

u308

u308

heres some more info:

In the first stage, a review of data from 168 diamond drill holes has been completed and data from 65 holes that intersected significant uranium mineralization are being digitized and vectorized. The results from reviewing these data will be used for interpretation and preliminary assessment for reporting of uranium resources at Kelnica-Selec.
In October, 2006, Ultra's consulting geologist completed additional radiometric surveys at Kelnica-Selec in compliance with current exploration expenditure requirements of the Slovak government.

A National Instrument 43-101 report on the property is being prepared using historical results and including additional exploration work and analysis of the 65 drill holes, which intersected significant mineralization. This report is expected to be completed soon.

u308

closed today up 25% on 750k volume...I believe there is still room for at least a double at the current price once the NI43-101 comes out.

It will be released next week based on the pre-release from the company.

glta

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u308

Dec 29, 2006 (M2 PRESSWIRE via COMTEX News Network) --

Fundamental Review for Ultra Uranium Corp (TSX.V:ULU)

ULTRA URANIUM CORP. is a natural resource company engaged in the acquisition, exploration and development of mining properties.
Shares were up 20% after reporting that it has received a draft 43-101 qualifying report on its 100% owned Kalnica-Selec Uranium Property.
BellwetherReport.com is a leading online research firm for international investors looking to get an edge over their portfolio. Investors seeking the most up to date information on Ultra Uranium Corp are invited to sign up for a free complimentary subscription to Bellwether Report. No credit card needed!
Ultra Uranium Corp. is pleased to report that it has received a draft 43-101 qualifying report on its 100% owned Kalnica-Selec Uranium Property. Ultra is currently acting on recommendations in the draft report.
The draft report is primarily based on historical work. The uranium deposits at Kalnica-Selec were extensively explored and developed by the former Czechoslovak Government's Uranovy Prieskum state enterprise "UP". Exploration and development on this 28.91 square kilometer property during this period included radiometric surveys, geological mapping, sampling, trenching, 339 drill holes and exploration adit driving.
Of the 339 drill holes, 171 holes were drilled to a maximum depth of 100 metres and 168 diamond drill holes were drilled to a maximum depth of 680 meters. Exploration also included many pits and trenches and three adits in addition to the diamond drilling. UP conducted test mining from three adits across mineralized lenses and the mined material was processed in the Czech Republic, and the concentrates were shipped to the former Soviet Union. In October, 2006, Ultra's consulting geologist completed additional radiometric surveys at Kalnica-Selec in compliance with current exploration expenditure requirements of the Slovak Government.
The final version of the 43-101 report is expected to be released in the beginning of January 2007. Dr. Bohumil Molak, P.Geo, is the qualified person for this project and has reviewed this news release.

u308

Ultra Uranium to raise $2.4-million privately

Ultra Uranium Corp (C:ULU)
Shares Issued 9,883,662
Last Close 12/28/2006 $1.45
Friday December 29 2006 - News Release

Mr. Raymond Roland reports

$2,400,000 PRIVATE PLACEMENT

Ultra Uranium Corp. has agreed to a non-brokered private placement financing of $2.4-million comprising up to two million units at $1.20 per unit. Each unit consists of one common share and one transferable warrant entitling the holder to purchase one additional share for $1.80 per share for a period of two years from the closing date. The warrants will be subject to an accelerated expiry, wherein the expiry period of the warrants may be reduced, upon notice to holders and at the election of the company, if the closing price of the shares is equal to or greater than $2.80 per share for 10 consecutive trading days after any applicable hold periods. If this condition is met and the company so elects, the exercise period will be reduced to 25 business days from the date notice is provided by the company to the warrantholders.

This financing is subject to regulatory acceptance for filing. Finders' fees may be paid to accredited agents on that portion of the funds raised by third parties in cash or units. The shares issued under this financing will be subject to a hold period of four months plus one day from the date of closing of the offering. Funds from the financing will be used for exploration, working capital and general corporate purposes.

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This tells me a few things:

1. The stock is greatly undervalued
2. They expect the stock to go over 2.80, (accelerated expiry clause)
3. The 43-101 will be coming in the next week maybe 2 and it will be very good!

u308

The PP has been sold out.

u308

up another .25 to 1.80 on the open...still gaining momentum before the 43-101 is released this week or next!!!

If the release shows over 5M lbs this will go to the $4-$5 range!

As always, do your own DD.

glta

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had a couple down days due to sector-wide correction of U's, but today had a good finish closing back up to 1.70.

Also found this journal with historical information on Slovakian uranium mineralization:

ACTA GEOLOGICA UNIVERSITATIS COMENIANAE </head>

Heres the relevant parts of the Journal - Uranium Mineralization in Slovakia - 1997. Extracted the parts that are relevant to Kalnica-Selec areas:
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Novotný and Rojkoviè (1980) divided uranium mineralization in the Permian rocks of the Western Carpathians as follows:
C. Tatricum
- uranium deposits Kálnica and Selec in the Považský Inovec Mts.

---

Badár and Afanasjev (1982) distinguished 6 areas of uranium mineralization:

1. the Spišsko-gemerské Rudohorie Mts. (with northern, central and southern zone),
2. the Nízke Tatry Mts. (the Kozie Chrbty and the Èierny Váh zone, the Ïumbier zone and the Staré Hory zone),
3. the Považský Inovec Mts.,
4. the Malé Karpaty Mts.,
5. the Štiavnické and Kremnické Vrchy Mts.,
6. Zemplínsky Ostrov area.

They distinguished the following morphological types of uranium mineralization:

A. beds and lenses (stratiform), mainly in the Permian volcano-molassoid complex were divided into:
- uranium accumulations in the sandstone horizons with abundant remnants of coalified plants and sulphides,
- uranium and molybdenum-uranium accumulations in horizons with abundant pyroclastic material and sulphides,
B. mineralization in tectonic zones in different rocks were divided into:
- uranium accumulations in quartz-carbonate veins of sulphidic deposits,
- phosphate-titanate-uranium mineralization in quartz gold-bearing veins,
- uranium and molybdenum-uranium mineralization of the zonal type in the Permian rocks

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2.2.3. URANIUM MINERALIZATION

IN TATRICUM OF THE POVAŽSKÝ INOVEC MTS.

Geological Setting

(according to Novotný in Rojkoviè and Novotný 1993 a)

The Permian of the Považský Inovec Mts. is represented by Kálnica Group from 1500 to 1800 m in thickness. It is divided into the Chalmová, Klenkov Vrch, Selec and Krivosúd Formations (Novotný and Mihá¾ in Štimmel et al 1984). The Upper Paleozoic of the Považský Inovec Mts. is divided by Selec thrust of N-S direction in two structural-tectonic blocks. The eastern block (central development) with abundant uranium mineralization is underlying Selec thrust, while the western block (marginal development) overlying Selec thrust is without uranium mineralization. Mineralized horizons closely underlying Selec thrust underwent tectonic reworking and remobilization.

The Selec Formation (600 m thick) is represented by arkosic sandstone and conglomerate, less by arkose and arkosic wacke with dominant fragments from crystalline basement (granitoids, quartzite and mica schist) in the lower part. Beds of violet shale with carbonate concretions are frequent. Volcanoclastic sediments (ash tuffs, psammitic and pseffitic tuffites) accompanied by rhyolite and its tuffs are dominant in the upper part (fig. 2.15). Polymict violet conglomerate and sandstone dominate in the marginal development. Volcanoclastic rocks are only subordinate.

The important structure is Selec thrust of NNE direction and dipping 35-45° towards west. Selec thrust forms the boundary of two blocks with different rocks and tectonics. The Permian rocks in the eastern block (central development) is underlying Selec thrust, while the western block (marginal development) overlies. Their recent position is result of thrusting from the west before the formation of principal nappes of the Western Carpathians. The sedimentary basin of the central development was situated westward from the marginal development overlying Selec thrust.

Tectonic position of the Selec Formation with ore bearing horizons is extremely complicated due to thrusting. Ore bearing horizons occur in tectonic slices in the southern part of region. They occur close to Selec thrust or they are segmented by it. Mineralized horizons closely underlying Selec thrust underwent tectonic reworking and remobilization.

Volcanism

Volcanic and volcanoclastic rocks are more widespread in formations of central development. They are bound to the upper part of the Klenkov Vrch Formation, the Selec Formation and on the contrary to the lower part of the Krivosúd Formation.

The extrusive volcanism with tuffitic and tuffaceous rocks is dominant in the Klenkov Vrch Formation. Rhyolite flows are rare. The volcanoclastic rocks are also dominant in the Selec Formation but rhyolite appears more abundant. Rhyolite forms plate lenticular bodies up to 500 m long and from several metres up to 40 m thick. They occur especially north of Selec village and north of the Prostredná Dolina valley. The NNE-SSW extension of volcanism suggests a renewal of the Alpine structures on the previous Late Hercynian faults with the same orientation.Volcanic rocks of the Krivosúd Formation in its lower part can be found only rarely in Hlboká Dolina valley near Machnáè.

---

Uranium Deposits

The stratiform uranium mineralization in the Permian rocks of Tatricum occur in the Považský Inovec Mts. near Kálnica and Selec villages (fig. 2.1). There are three ore-bearing horizons in the Selec Formation with abundant products of acid volcanism (fig. 2.15). There were distinguished 15 ore bodies during mining and drilling in gallery No. 60. 10 of them represented economic concentrations (fig. 2.16). Ore bodies are from 50 to 150 m long and their thickness varies from2 to 12 m. Lenses of high-grade ore with size 15 x 1.5 m can be distinguished within ore bodies (fig. 2.17).

Fig. 2.16. Geological map of the adit No. 60 near Kálnica (Má�uš & Štimmel in Štimmel et al. 1984). 1 - ore body, 2 - grey and green sandstone and conglomerate, 3 - violet sandstone and shale, 4 - rhyolite and tuffs, 5 - thrust and fault, 6 - "carbonate fault".

Uranium mineralization in ore-bearing horizons is represented by uraninite and less by U-Ti oxides and supergene torbernite. They are accompanied by: arsenopyrite, bornite, digenite, dolomite, galena, goethite, hematite, chalcopyrite, ilmenite, covellite, quartz, magnetite, molybdenite, pyrite, rutile, sphalerite, tennantite and tetrahedrite (Rojkoviè 1980b).

---

2.4. Summary

Uranium mineralization in the Western Carpathians is mainly bound to the Permian sequences. The most important stratiform uranium mineralization is related either to the Permian acid volcanism of Gemericum and Tatricum, or to sandstones with abundant organic matter in Hronicum of the Kozie Chrbty Mts. Less important uranium mineralization occurs in veins and stockworks cutting the Paleozoic sequences of Gemericum and the Neogene volcanic rocks of Central Slovakia. The most important stratiform uranium-molybdenum mineralization occurs in the Permian volcanoclastic and volcanic rocks near Novoveská Huta. It is bound to two ore-bearing horizons of the Petrova Hora volcano-sedimentary Formation. The upper ore-bearing horizon occurs in the Grúò volcano-sedimentary complex of psammite and psephite rocks overlying rhyolites and their tuffs. Ore bodies form lenses concordant to wall rocks. Their thickness reaches up to several metres and the area extends from tens to hundreds of square metres. The lower ore-bearing horizon occurs in breccias of the upper part of the volcano-sedimentary Huta complex with products of dacite-andesite volcanism. The length of the mineralized horizon is 4 km, the width varies from 200 to 600 m and the thickness reaches up to 80 metres. Mineralized rocks are characterized by intensive silicification, sericitization, carbonatization (siderite, Fe-dolomite and calcite), pyritization and increased apatite and tourmaline contents. Uranium mineralization is disseminated or it forms veinlets.

Stockwork and disseminated high-grade uranium mineralization in faults cutting the ore bearing horizons with uranium and molybdenum mineralization was found rarely. Quartz-carbonate veins with copper mineralization contain uranium minerals close to intersections of stratiform uranium and molybdenum mineralization.

The important stratiform uranium mineralization occurs near Kálnica in the Permian Selec Formation of Tatricum in the Považský Inovec Mts. There are three ore-bearing horizons with abundant products of acid volcanism. Ore bodies are from 50 to 150 m long and their thickness varies from 2 to 12 m. Close spatial relationship of uranium mineralization to volcanic and volcanoclastic rocks is observed. The marginal development of the Selec Formation is without uranium mineralization. There are the products of rudimentary volcanism. The Permian acid volcanism was the important factor of primary uranium mineralization.

Looks like ULU could have alot of uranium here...