CanAlaska Uranium Ltd. (CVVUF.PK)

British Columbia, Canada-based company is currently trading under the stock symbols CVVUF.PK and CVVUF.OB on the Pink Sheets and Over the Counter Bulletin Board (OTCBB), respectively. It is in the business of Metal Mining. There are significant risks associated with investing in Pink Sheet stocks, we advise that any story you may have heard about this company be considered with extreme scrutiny. Due to the fact that the company is listed on two exchanges, the shares may be slightly more marketable.

In this extremely small-sized company, only 2 employees are working. The company might not be able to financially sustain more employees. You should give important consideration with regard to the number of people at the company, when you are evaluating an investment opportunity.

The company's shares were at $0.14 on Dec 31, 1969. The company's share price is 79.4 % lower than its 52 week high of $0.67 at the moment. Only experienced investors should consider this stock due to its low price. The price is hitting yearly lows, meaning the stock's performance has worsened. The situation calls for additional research before considering this stock. The stock is illiquid. The small amount of buying or selling can substantially impact the price of this stock.

The company issued some news recently. On Dec 10, 2008, CanAlaska Uranium Ltd announced the following news: " New CFO joins CanAlaska Uranium - Four drill programs for uranium starting January, 2009 ". We found this news to be noteworthy, but it is unclear if it will have any effect on the company's share price.