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Micro-Cap of the Day; Uranium Hunter Corporation (URHN)

By Warren Paige

Shares of Uranium Hunter Corporation (PINK: URHN) saw a huge rally in trading on Friday. URHN shares ended the day 82.35% higher at $0.0093 on above average volume of 6.21 million.

URHN shares have now gained 1228.57%

URHN’s gains could be due to some stock promotion activity since there is no recent news or development related to the company.

Uranium Hunter is engaged in the acquisition, exploration and development of uranium mineral properties. The company has options to acquire up to a 100% interest in the Gambaro Property consisting of around 170 square kilometers located in Njombe and Songea Districts in the Republic of Tanzania.

The company also has options to acquire up to a 75% interest in the Nkoko and Kagadi uranium properties, which is spread over an area of approximately 820 square kilometers located in Kibaale district, Uganada.

 

August 4th, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.