eResearch Issues Initiating Report on Aldershot Resources Ltd.
TORONTO, ONTARIO--(CCNMatthews - May 14, 2007) - eResearch analysts, Michael Wood, B.A. (Sc.) (Mining Engineering) and Bob Weir, B.Sc., B.Comm., CFA, have written an Initiating Report on Aldershot Resources Ltd. (TSX-V:ALZ - $0.38). Aldershot Resources is a junior Canadian-based uranium exploration company with prospective projects in Canada, Australia, and Zambia, and a base metals project in Chile. The Company is actively drilling on several properties.
The report's Highlights state the following:
- Good land positions in large uranium camps
- Historic resources on key properties soon to be upgraded to NI 43-101 status
- Currently well-financed to conduct 2007 planned exploration activities
- Bullish outlook for the uranium industry
- Granting and timing of permitting issues often uncertain
- Risk that investor enthusiasm for uranium stocks could lead to over-valuations
- Shares are rated a Speculative Buy with a 12-months Target Price of $0.70 per share
eResearch is Canada's primary source for independent, quality, investment research, focused primarily on small- and mid-cap companies.
