Hmmmm this popped up on my top % movers today albeit on very very low volume but then the stock is very very very tiny
Took a look company is basically a shell looking for new projects, has $1.7m in cash
But with only 26m shares + 13m 20c 30 May 07 any new project could rocket this,
Mkt Cap @ 19c = $5m
Wouldn't surprise me if they're looking at Uranium given the current plethora of Shells and I.T. Companys going U
I picked up a few just in case
DECEMBER 2006 QUARTERLY REPORT
During the quarter Radar Resources exercised its option to purchase the Company’s Marda-Diemels
and Marda-Koolyanobbing tenements for $275,000.
Identification and review of advanced resource projects and opportunities suitable for acquisition or
potential Joint Venture continues. Projects both in Western Australia and overseas were evaluated
during the quarter.
The Company closed last quarter with approximately $1.76 million in cash.