What is Powertechs current financial standing?
Powertech is financially strong. The projects that the company has acquired are two of the best deposits in the US. Because of the importance of our projects and the strength of our technical team, the company has been able to raise over $40 million in the financial markets. We are using these funds to conduct detailed environmental surveys in preparation for making applications for operating permits to the regulatory authorities, as well as engineering, exploration, administrative needs, land purchases and leasing, bonding, and many other uses. Powertech is a public company and as such makes its finances public. Quarterly and other statements are available online at www.powertechuranium.com.