Mesa Uranium Corp.



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 October 02, 2007
Mesa Updated In Jay Taylor's Energy Newsletter

 The excerpt below comes from Jay Taylor's October Energy Newsletter. We hope you will find this of interest.

"Mesa Uranium Corp (TSX-MZU-$0.34) - Closed at C$.34 with a high of C$.39 and a low of C$.33. Pattern is down. Support is C$.30 and resistance is C$.40. Our one year price target is C$.75. We actually think this could be the biggest sleeper on our list among the uranium exploration stocks given the company's recent announcement of a 17.5 ft. intercept that graded 0.11% U3O8 at the company's Lisbon Valley project. Management said it is particularly excited about the results from drill holes L-15 and L-17 because this mineralization is similar to the material mined at the Lisbon mine, the district's largest mine (22 million pounds of U3O8). L-17 was drilled 1,200 feet to the southeast of L-15 and intercepted 2.0 feet of 0.08 per cent U308 in the same horizon with values of 0.02 per cent U3O8 throughout the 15-foot horizon above the intercept. Management also said it is encouraged by the apparent lateral continuity of this strong mineralization between L-15 and L-17. Clearly the market isn't paying much attention to Mesa or the results of those recent drill holes would not have been responded to by a collective market yawn. But we think there could be a new significant uranium deposit in the making on this Utah site. As drilling continues we will hopefully know more about those prospects. If positive this stock could have significant upside potential from its current level."

Please feel free to contact Wayne Marsden,
toll free at 866-337-1235
www.mesauranium.com
 
 

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