clearing the deck., page-3

Agreed gold to uranium is a big shift considering CHN was a spin off of UEQ's gold/base metal projects. However, other than the birthing link there is no equity connection between the two, unlike some spin-offs where the former company holds significant numbers of shares in the new company such in the cases of WRL/NTU and EVE/AFR.

I expect CHN will operate without regard to UEQ's activities and seek the best new ventures possible and considering the background of the board I would be surprised if uranium is not in the mix.

As the deal to sell off Higginsville and Chalice projects would have been in the mill for sometime I expect that they have been busy developing a new venture and we won't have to want too long for an announcement to that effect.