UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________  FORM 10  Q _______________________________  [mark one]  SQUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934  For the quarterly period ended: June 30, 2008  £TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934  For the transition period from ______________ to ______________  Commission File Number:   000-52534  ENDEAVOR URANIUM, INC. (Name of Small Business Issuer in Its Charter) Nevada72-1619357(State or Other JurisdictionIRS Employerof Incorporation or Organization)Identification Number  PO Box 250 Naturita, CO 84122 Tel. (970) 865-2884 Fax (970) 865 2885  (Address and Telephone Number of Principal Executive Offices)  Securities registered under Section 12(b) of the Exchange Act:Title of each class registered:Name of each exchange on which registered:NoneOver-the-Counter Bulletin BoardSecurities registered under Section 12(g) of the Exchange Act:Common Stock, par value $0.0001
(Title of class)  with a copy to: SteadyLaw Group, LLP 501 W. Broadway, Suite 800 San Diego, CA 92101 Telephone (619) 399-3090 Telecopier (619) 330-1888       Indicate by checkmark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  YES S  NO £  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of large accelerated filer, accelerated filer, and smaller reporting company in Rule 12b-2 of the Exchange Act. (Check one):  Large accelerated filer oAccelerated filer oNon-accelerated filer oSmaller reporting company x(Do not check if a smaller reporting company)  Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YES £   NO S  The registrant has 65,344,865 shares of common stock outstanding as of August 15, 2008.   2      Quarterly Report on FORM 10-Q For The Period Ended June 30, 2008  Table of Contents  Endeavor Uranium, Inc. Page No.PART I - FINANCIAL INFORMATION4ITEM 1.FINANCIAL STATEMENTS4Balance Sheets5Statements of Operations6Statements of Cash Flows7Notes to Financial Statements8ITEM 2.MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS14ITEM 4T.CONTROLS AND PROCEDURES27PART II - OTHER INFORMATION28ITEM 1.LEGAL PROCEEDINGS28ITEM 1A.RISK FACTORS28ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS28ITEM 3.DEFAULTS UPON SENIOR SECURITIES28ITEM 4.SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS28ITEM 5.OTHER INFORMATION28ITEM 6.EXHIBITS28SIGNATURES29   3      PART I.  Item 1.  FINANCIAL STATEMENTS  Endeavor Uranium, Inc. (An Exploration Stage Company)  June 30, 2008  IndexBalance Sheets5Statements of Operations6Statements of Cash Flows7Notes to the Financial Statements8  4      Endeavor Uranium, Inc. (An Exploration Stage Company) Balance Sheets (expressed in U.S. dollars)  June 30,
2008
$
(unaudited)December 31,
2007
$ASSETSCurrent AssetsCash3,51684Total Current Assets3,51684Mineral Properties (Note 3)5,600,0005,600,000Total Assets5,603,5165,600,084LIABILITIES AND STOCKHOLDERS EQUITYCurrent LiabilitiesAccounts Payable54,95910,000Accrued Liabilities220,430Due to Related Parties (Note 5)9,5889,588Note Payable (Note 4)161,798Total Liabilities446,77519,588Stockholders EquityPreferred Stock
Authorized: 10,000,000 preferred shares, with a par value of $0.001 per share
Issued and outstanding: nil common sharesCommon Stock
Authorized: 6,500,000,000 common shares, with a par value of $0.0001
Issued and outstanding: 65,344,865 common shares6,5356,535Additional Paid-In Capital (Note 4)5,672,4585,672,458Accumulated Deficit During the Exploration Stage(522,252)(98,497)Total Stockholders Equity5,156,7415,580,496Total Liabilities and Stockholders Equity5,603,5165,600,084  Going Concern (Note 1) Commitments (Note 6)  (The accompanying notes are an integral part of these financial statements)  5      Endeavor Uranium, Inc. (An Exploration Stage Company) Statements of Operations (expressed in U.S. dollars) (unaudited)   For the Three Months Ended June 30, 2008For the Three Months Ended June 30,2007For the Six Months Ended June 30, 2008For the Six Months Ended June 30,2007Accumulated from July 6, 2005 (Date of Inception) to June 30, 2008$$$$$RevenueExpensesGeneral and Administrative10,17945,86723,81148,16275,856Mineral Property337,754377,377377,377Professional Fees18,56721,92522,56741,92570,842Total Expenses366,50067,792423,75590,087524,075Other Income (Expenses)Interest Income9051,823Net Loss for the Period(366,500)(66,887)(423,755)(90,087)(522,252)Net Loss Per Share  Basic and Diluted(0.01)(0.01)Weighted Average Shares Outstanding65,344,800153,008,60065,344,800153,008,600  (The accompanying notes are an integral part of these financial statements)   6      Endeavor Uranium, Inc. (An Exploration Stage Company) Statements of Cash Flows (expressed in U.S. dollars) (unaudited)   For the Six Months Ended June 30,
2008For the Six Months Ended June 30,
2007Accumulated from July 6, 2005 (Date of Inception) to June 30, 2008$$$Operating ActivitiesNet loss for the period(423,755)(65,989)(522,252)Changes in operating assets and liabilities:Accounts payable and accrued liabilities265,389275,389Due to related parties9,588Net Cash Provided By (Used in) Operating Activities(158,366)(65,989)(237,275)Financing ActivitiesProceeds from loans payable161,798161,798Proceeds from issuance of common shares83,993Repayment on cancellation of common shares(5,000)Net Cash Provided By Financing Activities161,798240,791Increase (Decrease) in Cash3,432(65,989)3,516Cash  Beginning of Period8466,194Cash  End of Period3,5162053,516Supplemental DisclosuresInterest paidIncome tax paidNon-cash Investing and Financing ActivitiesCommon shares issued to acquire mineral properties5,600,000  (The accompanying notes are an integral part of these financial statements)   7      Endeavor Uranium, Inc. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars) (unaudited)  1. Nature of Operations and Continuance of Business  Endeavor Uranium, Inc. (the Company) was incorporated in the State of Nevada on July 6, 2005 under the name VB Biotech Laboratories, Inc. (VB Labs).  On September 21, 2007, the Company filed a Certificate of Amendment with the State of Nevada to change its operating name to VB Trade, Inc. (VB Trade), with principal business operations to develop an online website that allowed web designers to sell their website designs in exchange for a commission on all products that were sold through the website.   On September 21, 2007, the Company entered into a Plan of Merger (the Merger) with Endeavor Uranium, Inc., a mineral exploration company with mineral properties in the northwestern United States.  Effectively, the Company changed its name to Endeavor Uranium, Inc. as part of the Merger transaction.  The Company is an Exploration Stage Company, as defined by Statement of Financial Accounting Standard (SFAS) No.7, Accounting and Reporting by Development Stage Enterprises.  These financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has generated no revenues to date and has never paid any dividends and is unlikely to pay dividends or generate significant earnings in the immediate or foreseeable future.  As at June 30, 2008, the Company had a working capital deficit of $443,259 and an accumulated deficit of $522,252. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability to raise equity or debt financing, and the attainment of profitable operations from the Company's future business. These factors raise substantial doubt regarding the Companys ability to continue as a going concern. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.  The Companys plan of action over the next twelve months is to raise capital financing to conduct exploration and drilling on its mineral property claims held in Colorado and Utah, as well as exploring for new mineral property claims in the United States.  2. Summary of Significant Accounting Policies  a) Basis of Presentation  These financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in US dollars. The Companys fiscal year-end is December 31.  b) Interim Financial Statements  These interim unaudited financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions to Securities and Exchange Commission (SEC) Form 10-Q. They do not include all of the information and footnotes required by generally accepted accounting principles for complete consolidated financial statements. Therefore, these consolidated financial statements should be read in conjunction with the Companys audited financial statements and notes thereto for the year ended December 31, 2007, included in the Companys Annual Report on Form 10-KSB filed on May 2, 2008 with the SEC.  The consolidated financial statements included herein are unaudited; however, they contain all normal recurring accruals and adjustments that, in the opinion of management, are necessary to present fairly the Companys financial position at April 30, 2008, and the results of its operations and cash flows for the six month period ended April 30, 2008 and 2007. The results of operations for the period ended April 30, 2008 are not necessarily indicative of the results to be expected for future quarters or the full year.   8      Endeavor Uranium, Inc. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars) (unaudited)  2. Summary of Significant Accounting Policies (continued)  c) Use of Estimates  The preparation of financial statements in conformity with generally accepted accounting principles in the United States and requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the valuation of its mineral properties, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Companys estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.  d) Basic and Diluted Net Income (Loss) Per Share  The Company computes net income (loss) per share in accordance with SFAS No. 128, Earnings per Share. SFAS No. 128 requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti dilutive.  e) Comprehensive Loss  SFAS No. 130, Reporting Comprehensive Income, establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As at June 30, 2008 and December 31, 2007, the Company has no items that represent comprehensive loss and, therefore, has not included a schedule of comprehensive loss in the financial statements.  f) Financial Instruments  The fair value of financial instruments which include: cash, accounts payable, accrued liabilities, and amounts due to related parties were estimated to approximate their carrying value due to the immediate or relatively short maturity of these instruments.  g) Foreign Currency Translation  The Companys functional and reporting currency is the United States dollar. Monetary assets and liabilities denominated in foreign currencies are translated in accordance with SFAS No. 52 Foreign Currency Translation using the exchange rate prevailing at the balance sheet date. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of income. Foreign currency transactions are primarily undertaken in Canadian dollars. The Company has not, to the date of these financials statements, entered into derivative instruments to offset the impact of foreign currency fluctuations.  h) Cash and Cash Equivalents  The Company considers all highly liquid instruments with maturity of three months or less at the time of issuance to be cash equivalents. As at June 30, 2008, the Company had no cash equivalents.  9      Endeavor Uranium, Inc. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars) (unaudited)  2. Summary of Significant Accounting Policies (continued)  i) Mineral Properties  The Company has been in the exploration stage since its formation on June 6, 2005 and has not yet realized any revenues from its planned operations. Mineral property acquisition and exploration costs are expensed as incurred. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs incurred to develop such property are capitalized. Such costs will be amortized using the units-of-production method over the estimated life of the probable reserve. If mineral properties are subsequently abandoned or impaired, any capitalized costs will be charged to operations.  j) Income Taxes  Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. The Company has adopted SFAS No. 109 Accounting for Income Taxes as of its inception. Pursuant to SFAS No. 109 the Company is required to compute tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in these financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years.  k) Revenue Recognition  The Company will recognize revenue from referral fees in accordance with Securities and Exchange Commission Staff Bulletin No. 104 (SAB 104), Revenue Recognition in Financial Statements. Revenue will be recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, the service is provided, and collectibility is assured. For the six months ended June 30, 2008, the Company did not record any revenues.  l) Recent Accounting Pronouncements  In May 2008, the Financial Accounting Standards Board (FASB) issued SFAS No. 163, Accounting for Financial Guarantee Insurance Contracts  An interpretation of FASB Statement No. 60.  SFAS 163 requires that an insurance enterprise recognize a claim liability prior to an event of default when there is evidence that credit deterioration has occurred in an insured financial obligation. It also clarifies how Statement 60 applies to financial guarantee insurance contracts, including the recognition and measurement to be used to account for premium revenue and claim liabilities, and requires expanded disclosures about financial guarantee insurance contracts. It is effective for financial statements issued for fiscal years beginning after December 15, 2008, except for some disclosures about the insurance enterprises risk-management activities. SFAS 163 requires that disclosures about the risk-management activities of the insurance enterprise be effective for the first period beginning after issuance. Except for those disclosures, earlier application is not permitted.  The adoption of this statement is not expected to have a material effect on the Companys consolidated financial statements.  In May 2008, the FASB issued SFAS No. 162, The Hierarchy of Generally Accepted Accounting Principles. SFAS 162 identifies the sources of accounting principles and the framework for selecting the principles to be used in the preparation of financial statements of nongovernmental entities that are presented in conformity with generally accepted accounting principles in the United States.  It is effective 60 days following the SECs approval of the Public Company Accounting Oversight Board amendments to AU Section 411, The Meaning of Present Fairly in Conformity With Generally Accepted Accounting Principles. The adoption of this statement is not expected to have a material effect on the Companys consolidated financial statements.  10      Endeavor Uranium, Inc. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars) (unaudited)  2. Summary of Significant Accounting Policies (continued)  l) Recent Accounting Pronouncements (continued)  In March 2008, the Financial Accounting Standards Board (FASB) issued SFAS No. 161, Disclosures about Derivative Instruments and Hedging Activities  an amendment to FASB Statement No. 133. SFAS No. 161 is intended to improve financial standards for derivative instruments and hedging activities by requiring enhanced disclosures to enable investors to better understand their effects on an entity's financial position, financial performance, and cash flows. Entities are required to provide enhanced disclosures about: (a) how and why an entity uses derivative instruments; (b) how derivative instruments and related hedged items are accounted for under Statement 133 and its related interpretations; and (c) how derivative instruments and related hedged items affect an entitys financial position, financial performance, and cash flows. It is effective for financial statements issued for fiscal years beginning after November 15, 2008, with early adoption encouraged. The Company is currently evaluating the impact of SFAS No. 161 on its financial statements.  In December 2007, the FASB issued SFAS No. 160 Non-controlling Interests in Consolidated Financial Statements-an amendment of ARB No.51SFAS No. 160 requires consolidated net income to be reported at amounts that include the amounts attributable to both the parent and the non-controlling interest. It also requires disclosure, on the face of the consolidated statement of income, of the amounts of consolidated net income attributable to the parent and to the non controlling interest. SFAS No. 160 also requires that a parent recognize a gain or loss in net income when a subsidiary is deconsolidated. SAFAS No. 160 also requires expanded disclosures in the consolidated financial statements that clearly identify and distinguish between the interests of the parents owners and the interests of the non-controlling owners of a subsidiary. SFAS No. 160 is effective for financial statements issued for fiscal years beginning after December 15, 2008. The Company is currently evaluating the impact of SFAS No. 160 on its financial statements, and the adoption of this statement is not expected to have a material effect on the Companys financial statements.  m) Recently Adopted Accounting Pronouncements  In February 2007, the FASB issued SFAS No. 159, The Fair Value Option for Financial Assets and Financial LiabilitiesIncluding an Amendment of FASB Statement No. 115.  This pronouncement permits entities to use the fair value method to measure certain financial assets and liabilities by electing an irrevocable option to use the fair value method at specified election dates. After election of the option, subsequent changes in fair value would result in the recognition of unrealized gains or losses as period costs during the period the change occurred. SFAS No. 159 becomes effective as of the beginning of the first fiscal year that begins after November 15, 2007, with early adoption permitted. However, entities may not retroactively apply the provisions of SFAS No. 159 to fiscal years preceding the date of adoption.  The adoption of this statement did not have a material effect on the Company's future reported financial position or results of operations.  In September 2006, the FASB issued SFAS No. 157, Fair Value Measurements. The objective of SFAS No. 157 is to increase consistency and comparability in fair value measurements and to expand disclosures about fair value measurements. SFAS No. 157 defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. SFAS No. 157 applies under other accounting pronouncements that require or permit fair value measurements and does not require any new fair value measurements. The provisions of SFAS No. 157 are effective for fair value measurements made in fiscal years beginning after November 15, 2007.  The adoption of this statement did not have a material effect on the Company's future reported financial position or results of operations.  11      Endeavor Uranium, Inc. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars) (unaudited)  3. Mineral Properties  a) Ten Groups  On November 26, 2007, the Company entered into an agreement (the Agreement) with Leongatha Management Inc. (Leogantha) where the Company acquired ten groups of unpatented mining claims in Colorado is in exchange for 10,000,000 common shares of the Company (issued as 5,725,000 common shares to Leongatha, and 4,275,000 common shares to Mayan Minerals Ltd. (Mayan), a company controlled by the President of the Company).  In addition, the Company is committed to remitting annual cash payments to Mayan of the following amounts for each lease ranging from $25,000 to $50,000 per lease varying on the types of claims groups until commencement of production for the mineral claims acquired:  Payment DateType IType IINovember 26, 2008$50,000$100,000November 26, 2009$100,000$100,000November 26, 2010$100,000$200,000All anniversary periods thereafter$100,000$200,000  Under the terms of the Agreement, payment of the above commitments can be made with common shares of the Company based on an agreed-upon formula and limited to 75% of the total commitment.  b) Baboon Basin  On November 26, 2007, the Company received an assignment from Leogantha to acquire twelve unpatented mineral claims in the east-central portion of the Uravan Mineral Belt in Colorado, commonly known as Baboon Basin, in exchange for $100,000 and 4,000,000 common shares of the Company.  In addition, on or before January 6, 2008, the Company must pay an additional $1,000,000 along with the original $3,200,000 acquisition price of the property, which includes $300,000 to Mayan, a company controlled by the President of the Company.  In January 2008, the Company entered into an extension for the payment of the $2,900,000 acquisition price, in which the Company deferred payment to July 6, 2008 at a fee penalty of $25,000 per month.  The first extension payment was due on March 6, 2008.  As at June 30, 2008, the Company has remitted payment of $100,000 to extend the final payment of the acquisition price.  4. Loans Payable  a) As at June 30, 2008, the Company received demand loans of $120,639 (2007 - $ nil) from SB2 Capital Holdings LLC, a company controlled by a shareholder of the Company.  The loans are unsecured, non-interest bearing, and are due on demand.  b) As at June 30, 2008, the Company received demand loans of $41,159 (2007 - $ nil) from Mayan Minerals Ltd., a company controlled by the President of the Company.  The loans are unsecured, non-interest bearing, and are due on demand.  12      Endeavor Uranium, Inc. (An Exploration Stage Company) Notes to the Financial Statements (expressed in U.S. dollars) (unaudited)  5. Related Party Transactions  a) As at June 30, 2008, the Company owes $9,588 (2007 - $9,588) to a director of the Company for financing of day-to-day activities.  The amounts owing are unsecured, non-interest bearing, and due on demand.  b) On November 26, 2007, the Company issued 4,275,000 common shares to Mayan Minerals Ltd., a company controlled by the President of the Company, as part of the Companys acquisition of the Ten Groups mineral claims.  Refer to Note 3(a).  c) Refer to Note 4.  d) Refer to Note 6.  6. Commitments  On November 16, 2007 (effective as at November 9, 2007), the Company entered into a Mining Lease (the Lease) with Mayan, a company controlled by the President of the Company, with respect to unpatented mining claims in Colorado and Utah for an initial period of five years and an option for an extension of ten years.  Under the terms of the Lease, the Company is obligated to the following lease payments until commencement of production on the relevant mineral claims:  Payment DateAmount ($)November 9, 2007375,000November 9, 2008750,000November 9, 20091,000,000November 9, 2010 and thereafter1,500,000  For all payments subsequent to the initial payment of $375,000, the Company can remit 75% of the amount due in common shares of the Company based on a pre-determined formula agreed between the Company and Mayan.  Furthermore, in the event of future revenues earned from the mineral claims within the Lease, the Company is required to remit royalty payments to Mayan.  As at June 30, 2008, the Company has not recognized any revenues with respect to the mineral claims noted within the Lease.    13      ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS AND PLAN OF OPERATION  This discussion and analysis should be read in conjunction with the accompanying Financial Statements and related notes. Our discussion and analysis of our financial condition and results of operations are based upon our financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of any contingent liabilities at the financial statement date and reported amounts of revenue and expenses during the reporting period. On an on-going basis we review our estimates and assumptions. Our estimates are based on our historical experience and other assumptions that we believe to be reasonable under the circumstances. Actual results are likely to differ from those estimates under different assumptions or conditions, but we do not believe such differences will materially affect our financial position or results of operations. Our critical accounting policies, the policies we believe are most important to the presentation of our financial statements and require the most difficult, subjective and complex judgments, are outlined below in Critical Accounting Policies, and have not changed significantly.  In addition, certain statements made in this report may constitute forward-looking statements. These forward-looking statements involve known or unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Specifically, 1) our ability to obtain necessary regulatory approvals for our products; and 2) our ability to increase revenues and operating income, is dependent upon our ability to develop and sell our products, general economic conditions, and other factors. You can identify forward-looking statements by terminology such as may, will, should, expects, intends, plans, anticipates, believes, estimates, predicts, potential, continues or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected-in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.  Introduction  We were incorporated as a Nevada company on July 6, 2005 under the name VB Biotech Laboratories, Inc.  On June 20, 2006, we changed our name to VB Trade, Inc. On September 21, 2007, we changed our name to Endeavor Uranium, Inc. We have not generated any revenue to date and are a development stage company.  Our registration statement on Form SB-2 became effective as of March 14, 2007. Our common stock became eligible for trading on the OTC Bulletin Board on May 3, 2007 under the ticker symbol VBTR.OB.  On October 5, 2007, as a result of our name change, our symbol changed to EDVU.OB.  Background  As VB Trade, Inc., we were engaged in the development of a website that would allow freelance web designers to sell their website designs on our website.  Our goal was to generate revenues by charging a commission of 30% on all products sold through our website.  We intended on becoming a one-stop shopping venue through which customers and freelance web designers can meet in a mutually beneficial fashion.  On September 21, 2007, Endeavor Uranium, Inc. (the Subsidiary), a wholly-owned subsidiary of the Registrant, merged with and into the Registrant pursuant to the terms of an Agreement and Plan of Merger dated September 20, 2007 by and between the Registrant and Subsidiary (the Merger). As of September 21, 2007, the effective date of the merger, (i) the Registrant was the surviving corporation and the separate existence of Endeavor ceased in accordance with the provisions of the Nevada Revised Statutes; (ii) the Articles of Incorporation of the Registrant continued to be those of the surviving corporation; and (iii) the Registrant changed its name to Endeavor Uranium, Inc.  Following the Merger, on November 26, 2007, the Company acquired the leasehold interests to 12 unpatented mining claims located in Montrose County, Colorado, which consist of 240 acres about 10 miles from Naturita, Colorado and is known as the Baboon Basin property. It is yet to be determined whether this property contains reserves that are economically recoverable. The recoverability of property expenditures will be dependent upon the discovery of economically recoverable reserves, confirmation of the Companys interest in the underlying property, the ability of the Company to obtain necessary financing to satisfy the expenditure requirements under the property agreement and upon future profitable production or proceeds for the sale thereof.  Overview  We are engaged in the acquisition and exploration of mineral properties in the Northwestern United States.  Our plan of operations for the next twelve months is to conduct exploration of our mineral properties.   14      We are an exploration stage company. Our most advanced projects are at the exploration stage and there is no assurance that any of our mining claims contain a commercially viable ore body. We plan to undertake further exploration of our properties. We anticipate that we will require additional financing in order to pursue full exploration of these claims. We do not have sufficient financing to undertake full exploration of our mineral claims at present and there is no assurance that we will be able to obtain the necessary financing.  There is no assurance that a commercially viable mineral deposit exists on any of our mineral properties. Further exploration beyond the scope of our planned exploration activities will be required before a final evaluation as to the economic feasibility of mining of any of our properties is determined. There is no assurance that further exploration will result in a final evaluation that a commercially viable mineral deposit exists on any of our mineral properties.  Our Business  As an exploration stage mining company, our activities are currently focused on exploration, geological evaluation and feasibility studies on the Baboon Basin properties for uranium and other metals and, where warranted, efforts to develop and construct mining and processing facilities. We may enter into joint ventures, partnerships or other arrangements to accomplish these activities.  Competitive Business Conditions  We are a new and unestablished mineral resource exploration company. We compete with other mineral resource exploration companies for financing and for the acquisition of new mineral properties. Many of the mineral resource exploration companies with whom we compete have greater financial and technical resources than those available to us. Accordingly, these competitors may be able to spend greater amounts on acquisitions of mineral properties of merit, on exploration of their mineral properties and on development of their mineral properties. In addition, they may be able to afford more geological expertise in the targeting and exploration of mineral properties. This competition could result in competitors having mineral properties of greater quality and interest to prospective investors who may finance additional exploration and development. This competition could adversely impact on our ability to achieve the financing necessary for us to conduct further exploration of our mineral properties.  We will also compete with other mineral exploration companies for financing from a limited number of investors that are prepared to make investments in mineral exploration companies. The presence of competing mineral exploration companies may impact on our ability to raise additional capital in order to fund our exploration programs if investors are of the view that investments in competitors are more attractive based on the merit of the mineral properties under investigation and the price of the investment offered to investors.  We will also compete with other mineral companies for available resources, including, but not limited to, professional geologists, camp staff, helicopter or float planes, mineral exploration supplies and drill rigs.  General Government Regulations  Mining in the State of Colorado is subject to federal, state and local law.  The development, operation, closure and reclamation of mining projects in the United States requires numerous notifications, permits, authorizations and public agency decisions. Compliance with environmental and related laws and regulations requires us to obtain permits issued by regulatory agencies and to file various reports and keep records of our operations. Certain of these permits require periodic renewal or review of their conditions and may be subject to a public review process during which opposition to our proposed operations may be encountered. We are currently operating under various permits for activities connected to mineral exploration, reclamation and environmental considerations. Unless and until a mineral source is proved, it is unlikely our operations will move beyond the exploration stage. If in the future we decide to proceed beyond exploration, there will be numerous notifications, permit applications and other decisions to be addressed at that time.  U.S. Federal Laws  The U.S. Forest Service requires that mining operations on lands subject to its regulation obtain an approved plan of operations subject to environmental impact evaluation under the National Environmental Policy Act. Any significant modifications to the plan of operations may require the completion of an environmental assessment or Environmental Impact Statement prior to approval. Mining companies must post a bond or other surety to guarantee the cost of post-mining reclamation. These requirements could add significant additional cost and delays to any mining project undertaken by us.  15      Under the U.S. Resource Conservation and Recovery Act, mining companies may incur costs for generating, transporting, treating, storing, or disposing of hazardous waste, as well as for closure and post-closure maintenance once they have completed mining activities on a property. Any future mining operations at the Baboon Basin property may produce air emissions, including fugitive dust and other air pollutants, from stationary equipment, storage facilities, and the use of mobile sources such as trucks and heavy construction equipment which are subject to review, monitoring and/or control requirements under the Federal Clean Air Act and state air quality laws. Permitting rules may impose limitations on our production levels or create additional capital expenditures for pollution control in order to comply with the rules.  The U.S. Comprehensive Environmental Response Compensation and Liability Act of 1980, as amended, (CERCLA) imposes strict joint and several liability on parties associated with releases or threats of releases of hazardous substances. Those liable groups include, among others, the current owners and operators of facilities which release hazardous substances into the environment and past owners and operators of properties who owned such properties at the time the disposal of the hazardous substances occurred. This liability could include the cost of removal or remediation of the release and damages for injury to the surrounding property. We cannot predict the potential for future CERCLA liability with respect to the High Park Claims or the Proteus Claims or surrounding areas.  Colorado Laws  At the state level, mining operations in Colorado are also regulated by the Colorado Division of Reclamation Mining & Safety. We will be required to hold Colorado mining and reclamation permits that will mandate concurrent and post-mining reclamation of mines and will require the posting of reclamation bonds sufficient to guarantee the cost of mine reclamation. Other Colorado regulations govern operating and design standards for the construction and operation of any source of air contamination and landfill operations.  Intellectual Property  We have not filed for any protection of our trademark for Endeavor Uranium, Inc.. We own the copyright of all of the contents of our website, www.endeavoruranium.com, which we are currently developing and updating.  Research and Development Expenditures  We have not spent any significant amounts on research and development activities since our inception.  Employees  As of the date of this Report we have no part time or full time employees. We have two (2) Directors, both of which serve as executive officers.  Our CEO and President works part time as an independent contractor and works in the areas of business development and management. He currently contributes approximately 30 hours a week to Endeavor Uranium. We currently engage independent contractors in the areas of accounting, geological, legal, consulting, marketing, accounting, bookkeeping and other services.  Subsidiaries  As of the date of this Report we have no subsidiaries.     Properties  Our executive office is located in 140 East Main Street, Naturita, Colorado, which is also the residence of our Chief Executive Officer. We utilize approximately 750 square feet of space, and we have no lease. We believe that this existing space is adequate for our current needs. Should we require additional space, we believe that such space can be secured on commercially reasonable terms.  CLAIM DESCRIPTION & LOCATION  The Baboon Basin claims are within the east-central portion of the Uravan Mineral Belt. The property consists of 12 unpatented lode claims staked on United States Government lands administered by the Bureau of Land Management in Sections 5, 6, 7, and 8 of T46N R16W. The claim block is located approximately at latitude 38o 15, and longitude 109o 30, in southwest Colorado approximately 10 miles west of the town of Naturita, in Montrose County, Colorado.  16      The lowermost and uppermost sandstone benches of the Jurassic-age Salt Wash Member of the Morrison Formation host the uranium-vanadium deposits at the property. Nearby, exposures of the host rocks are in cliff bands about 60 feet high with a pronounced bench near the contact of the Salt Wash Member and the Brushy Basin Member, about 850 feet above the floor of Paradox Valley. The sedimentary succession exposed in the area is located on the northeast flank of the collapsed Paradox Anticline that trends 310° for 35 miles. South of the claim block, northwest trending faults cut this sedimentary succession (Heyl, 1957). The exposed bedding in the area strikes 330° to 310° and dips from 10° to 25° northeast (Heyl, 1957). Evidence of mining is not present on the claims. In the northeastern part of the claim block, the depth of the lowest mineralized unit is 850 feet beneath the surface, requiring either a long decline or deep shaft to access the lode horizons. In the early 1980s Atlas Minerals designed and began preparing for a mine entrance to access the uranium-vanadium deposits, but ceased all activities before constructing the portal of the planned long shallow decline located in the center of the “Portal” mine claim. There are no sources of surface water and no electrical lines near the mine. The nearest uranium-vanadium processing mill is Denison Mine‟s White Mesa Uranium Mill near the town of Blanding in southeastern Utah. White Mesa Mill should be operational in early 2008, and it should accept ore grades of greater than or equal to 0.10% U3O8 in minimum shipments of 5,000 tons. Energy Fuels Incorporated has submitted a proposal for the construction of a new uranium-vanadium processing mill on Pinyon Ridge in Paradox Valley, which is only 4.5 miles from the Baboon Basin claim property. The estimated date for the start of construction at Pinyon Ridge is 2010.  Accessibility, Climate, Local Resources, Infrastructure and Physiography  Access to the claim is via Colorado State Highway 90 from the intersection with the eastern extent of the well-maintained Montrose County Road EE22 (Long Park Road). Access is also possible from the western end of County Road EE22 at the abandoned town site of Uravan just off Highway 141, approximately 10 miles to the northwest of the claim. An unnamed drill road spurs from EE22. From this point, access is from a series of unlabeled roads built during the 1950s through 1980s specifically for uranium exploration. Numerous drill roads are within and adjacent to the claims, providing good access to drilling sites for confirmation drilling and further exploration.  Naturita is the nearest center and it has an estimated population of approximately 660. The neighboring townships of Nucla and Norwood are also small, whereas Montrose is the largest center with a regional airport servicing Denver, Salt Lake City, Houston, and other seasonal towns. Broad, arching mesas and linear valleys define the topography on a regional scale. A characteristic feature of the landscape is the series of cliffs and benches forming Sawtooth Ridge, which ranges from about 5700 feet to 6900 feet in elevation. The topography is flat to gently sloping in the valley floor and on benches, but rocks of Triassic to Jurassic age crop out in rocky and steep slopes along the flanks of the valley.  Pinyon-juniper, oak brush, and serviceberry dominate the vegetation with sparse juniper, sagebrush, cacti, and grasses growing in the semi-arid, high desert plateau climate. Thin deposits of sandy loam overlay and interfinger with relatively dense sandstone gravels, cobbles, and small boulders. There are no sources of permanent water in the area.  Climatic data is available from Paradox Valley and Uravan. The average maximum monthly temperature in the area ranges from 92.5-95.4°F in July to the average minimum monthly of 12.0 - 15.7°F in January. The total average monthly precipitation varies from a low of 0.48 in June to 1.6 in August. Average monthly snowfall ranges from 3.7 to 7.3 in January with the spread of snow falling between October and April.  History  The development of uranium mining in Colorado reflects the natural association, development of knowledge, and demand through the years for three metals: radium, vanadium, and uranium. In 1871, the first discovery of uranium in the U.S. was at the Wood Mine in the Central City district. It became important because of its association with radium, which was in great demand because of the work of Marie and Pierre Curie. Production from the Central City district totaled about 36 tons of U3O8 by 1900 and most of that was hand-sorted high-grade ore.  Uranium mining in southwest Colorado started in the Roc Creek area in 1898 with a small shipment of very high-grade carnotite (K2(UO2)2(VO4)2.3H2O) ore. This small Roc Creek district was the beginning of the Uravan Mineral Belt (UMB), the largest uranium producing area in Colorado. The UMB supplied roughly half of the world‟s radium resources from 1910 to 1922. At the time, vanadium and uranium were only bi-products with little known uses. Activity in the UMB ceased with the mining of rich deposits of pitchblende (UO2-UO3) in the Belgian Congo, which lowered the price of radium.  Mining in the UMB revived during WWI and WWII when vanadium became a desirable commodity as an alloy to harden metal, causing the market price to increase. This steady demand for vanadium kept the district alive, but it was not until after World War II that the district experienced a major boom because the demand for uranium skyrocketed to meet the stockpiling needs of the U.S. Governments nuclear weapons program.  17      Between 1948 and 1978, the UMB was one of the most productive uranium-vanadium (U-V) districts in the U.S. and was the most valuable U-V region in Colorado with the mining of 63 million pounds of U3O8 and 330 million pounds of V2O5. The position of the Baboon Basin claims in the Long Park area, along the central-eastern boundary of the UMB, fixes it distinctly within this established and lucrative mineral province.  The estimated historical production for the greater Long Park area through 1945 is approximately 1.3 million pounds of U3O8 and 7.6 million pounds of V2O5. Post-1945 production figures for the Long Park area as a whole are poorly documented; however, the total uranium production up to the early 1980s likely exceeded several million pounds.  In the late 1940s, the United States Geological Survey extensively explored for uranium mineralization in the Long Park area as part of a major program. In the period from 1949 to 1951, the drilling of approximately 100,000 feet of core in the Long Park area reflects the intensity of that exploration. These exploration programs continued into the late 1950s.  Throughout the history of the U-V development in this region, the claims located south and west of the Baboon Basin property were the focus of extensive exploration and mining. The EUI claim block is located on the southeastern margin of the Long Park area, which hosts extensive uranium-vanadium mineralization in the Salt Wash Member of the Morrison Formation. The nearest and most significant mineralization is in the Bitter Creek Mine Complex, which was active for over 40 years.  Geological Setting  The region between Grand Junction, Colorado and Monticello, Utah hosts numerous uranium-vanadium deposits (and some copper deposits). It includes numerous famous mining districts and regional mineralization trends (e.g. the Uravan Mineral Belt (UMB). This extensive region of mineralization lies along the eastern edge of the Colorado Plateau where exposures of a thick (8,500+ feet) sequence of Paleozoic to Cenozoic marine to continental sedimentary rocks overlie Proterozoic basement. These rocks have been uplifted and deformed during the tectonic movement of evaporite deposits in several orogenic events.  From about 510 to 340 million years ago, southwestern Colorado was the site of extensive deposition of marine to fluvial sediments. About 470 million years ago, a passive margin on the western edge of the North American continent transformed into an active subduction system (the Antler Arc), and this caused widespread compression and closure of the North American coast. Farther east a broad carbonate shelf blanketed much of the Western Interior. The Paleozoic rocks of pre-Pennsylvanian age are absent from the UMB and are not present on the uplifted Uncompahgre Plateau because of erosion during the late Paleozoic. Where some drill holes intersect the sequence they consist of marine carbonate and clastic rocks that are hundreds of feet thick.  Around 310 million years ago, the Antler Mountains were already eroding and even started subsiding in some areas. A marine basin covered most of western Utah and eastern Nevada. Collision of Africa along the southeastern margin of North America transferred stress into the crust and reactivated Proterozoic structures that initiated uplift of northwest-trending blocks in southwestern Colorado and southeastern Utah, forming the Ancestral Rocky Mountains. Uplift occurred mainly on vertical northwest-trending faults that caused the rise of the Uncompahgre block and the fall of the Paradox Basin to the south of the highlands.  In the Paradox Basin, deposition of a thick succession of interbedded marine and fluvial rocks formed the Pennsylvanian Hermosa Group. This Group, in part, contained thick deposits of salt and sulfate evaporite deposits. Exposures of the Hermosa Group are along the cores of salt anticlines that have been faulted and dissected to generate elongate valleys. This Group grades upward into a sequence of Pennsylvanian marine (Rico Formation) and Permian fluvial-dominated rocks (Cutler Formation) that formed about 280 to 270 million years ago, when sediments were shed from the Ancestral Rocky Mountains into the adjacent basin.  During deposition of the Hermosa Group and Cutler Formation, the ancestral Uncompahgre highlands uplifted further and the Paradox Basin continued to subside. Plastic deformation of the evaporite sequences, primarily contained within the Pennsylvanian Hermosa Group, led to the development of a series of northwest-trending faulted anticlines and synclines. Warping and deformational movements along faults beneath the basin produced a series of gentle northwest trending anticlines and synclines in the Hermosa Group evaporite and limestone sequences, which were also subsequently faulted. This crustal deformation had essentially ceased by the end of the Permian, though this area was subjected to later deformational events during the late Mesozoic (Sevier orogeny) and early Cenozoic (Laramide orogeny).  18      In the late Permian, around 250 million years ago, the Western interior of North America was above sea level and dominated by terrestrial depositional systems. Approximately 240 million years ago, a broad fluvial and shallow marine depositional system (the Moenkopi Formation) covered much of the southern Western Interior. To the west, collisions continued on the western edge of North America leading to the development of a Cordilleran continental-margin volcanic arc system. The entire Colorado Plateau region was relatively stable tectonically during the Mesozoic except for gradual subsidence that kept the region close to sea level (Butler and Fischer, 1978). In the Late Triassic (~ 215 million years ago), fluvial systems covered much of the Western Interior, and a volcanic back-arc system continued to develop on the western edge of the North American cordillera. River systems that developed in the Western Interior had their sources in the remnant highlands of the Appalachian Mountain system. Fluvial, lacustrine, and aeolian depositional systems dominated the Four Corners region from the early Jurassic, 200 million years ago until roughly 170 million years ago.  In the middle Jurassic (170 million years ago), a long, narrow epicontinental seaway developed within the Western Interior, and dune fields formed along the southeastern margin. About 150 million years ago, in the late Jurassic, uplift in Nevada reversed the direction of streams that were flowing across the region and the Morrison fluvial system expanded eastward across the Western Interior. This generated thick sheets of braided fluvial deposits, including deposition of the Salt Wash Member of the Morrison Formation. The sediment sources were the highlands to the west.  Contemporaneously continental arc volcanism extended along most of the western coast of North America. The volcanic materials, primarily ash and tuff are a potential source of the UMB uranium and vanadium deposits. Presumably, transportation of these elements was by a process of oxidative weathering, chemical dissolution, and aqueous migration into reducing environments of deposition. By about 145 million years ago, a large saline lake had spread across the eastern Colorado Plateau.  During the Triassic and Jurassic, in southwestern Colorado deposition of a thick non-marine sequence included the Jurassic Morrison Formation. Minor movement of evaporite deposits along salt anticlines is evident until the late Jurassic.  From 130 to 90 million years ago, the Western Interior was the site of an encroaching epicontinental seaway from the north, and to the west were uplands and a thrust belt in Nevada and western Utah (Sevier Orogeny). The Cordilleran arc was now a classic continental (Andean-style) arc along all or most of its length. The Western Interior seaway expanded and stretched from central Utah to the western Appalachians and from the Arctic to the Gulf of Mexico. The Sevier orogenic belt bordered the sea to the west, because of thrust faulting from compression of the Cordilleran arc.  Between 75 and 45 million years ago, crustal movements associated with the Laramide orogeny caused uplift in southwestern Colorado and adjacent areas in response to flat-slab subduction of the Farallon plate beneath North America. The Western Interior seaway slowly retreated to the northeast, leaving vast alluvial plains. Magmatism associated with the Laramide orogeny generated intermediate to felsic magmas that pierced the older sedimentary successions, creating laccolithic igneous masses in the Ute, Carrizo, Elk, La Plata, Rico, La Sal, Henry, and Abajo Mountains.  In the Baboon Basin area, the stratigraphic section consists of the bottom of the Brushy Basin Member of the Morrison Formation, which lays beneath the Burro Canyon Formation and the Dakota Sandstone that crop out on the surface of the claims. The unmineralized exposures of the sedimentary units hide the uranium-vanadium deposits that lie beneath.  Mineralization  The uranium-vanadium ore-bearing Salt Wash Member of the Morrison Formation does not crop out within the boundaries of the claims, but it is visible in many outcrops along the flanks of Paradox Valley, a short distance to the southwest. Where it is exposed, the Salt Wash Member averages about 300 to 350 feet thick and is composed of light-colored, massive, cross-bedded sandstone ledges interbedded with red and gray clays and siltstones. The upper sandstone ledge, or third rim, has been the major host of uranium mineralization throughout the district. In contrast, the lowermost sandstone unit, or first rim has produced only small amounts of uranium ore.  Drilling depths to the uranium ore-bearing lower sandstone unit of the Salt Wash Member within the Baboon Basin claim block average 600 to 800 feet, depending on the collar locations. Reliable stratigraphic sections of the lithological variation in the claim block are unavailable because the relevant information is missing.  While there are indications that the lower Salt Wash Member sandstone in this area appears, from the electric logs that they examined, to be a continuous unit split by several clay or siltstone units there are no records available. Correlations of mineralization between drill holes were only possible where the distance between adjacent holes is less than 200 ft.  19      The wide distribution of drill holes allows for the subdivision of the claim property into four resource areas. Six horizons of uranium mineralization occur in Area 1, in the southwest of the claim property. The north-south section across Area 1 reveals a possible north dipping sequence with uranium mineralization occurring in horizons up to 3.6 feet thick. Two mineralized horizons are close to the base of the sequence, two are discontinuous part way up the sequence and two occur as narrow lenses near the top. The average thickness of all mineralized horizons is 1.3 ft at an average grade of 0.19% U3O8.  In Area 2, the northeast cross section reveals two continuous horizons of mineralization with four discontinuous lenses. The second and fourth layers from the base are sufficiently continuous and in drill holes less than 200 ft apart, to allow calculation of an indicated resource. Of the continuous horizons, the thickest is only 1.4 ft whereas a solitary lens near the surface is 3.1ft thick. The average thickness of all mineralized horizons is 1.7 ft at an average grade of 0.24% U3O8.  Area 3 contains only three drill holes less than 200 ft apart. The correlated mineralized horizons indicate a northeasterly dip near the base of the sequence. The potential for indicated resource calculations would increase were more holes located close together. The available data limits estimations of an indicated resource to only three holes, the maximum thickness of the mineralization being 7.6ft. The average thickness of all mineralized horizons in this resource area is 2.1 ft at an average grade of 0.17% U3O8. A low-grade (0.011% U3O8), thick (12.2 ft) lens occurs near the surface in one hole.  In the northeastern part of the claim property Area 4 consists of a series of apparently southerly dipping mineralized horizons. Seven uranium-bearing lenses could occur here with two discontinuous lenses near the top of the sequence and five near the base. The thickest dipping horizon is 4ft thick, but is of low grade (0.038% U3O8). The average thickness of all mineralized horizons in this resource area is 1.4 ft at an average grade of 0.3% U3O8.  Examination of the resource areas indicates a relatively narrow channel of mineralization, about 300 ft wide trending and dipping to the northeast. Areas 1 and 4 seem to lie marginal to the main depositional channel because the mineralized horizons apparently dip towards the deepest parts of the channel. Areas 2 and 3 lie close to the main mineralization pathway and are the most prospective.  There have been six vertically distinct stacked ore horizons identified from an examination of the drilling data. Those horizons are approximately 6,500 feet long by 2,000 feet wide and trend in a northeast (49o) direction. The zones of uranium mineralization are intermittent lenses and pods within organic enriched horizons, similar to those in adjacent properties. Based on existing drill data, the individual ore horizons range from 9 feet thick to less than a foot. Since these deposits are stratabound, it was predicted that they have a 2° to 4° northeasterly dip, which is sub-parallel to bedding in the host strata.  Mineral Processing  There is no historical date describing the principal uranium minerals in the mineralized deposits of the Baboon Basin claims. Historically, the mineralization in the Uravan Mineral Belt is consistent across the region so that the typical uranium-vanadium minerals (carnotite, tyuyamunite, metatyuyamunite, roescolite, montroseite, and uraninite) should be present in the ores. The adjacent Bitter Creek mines did contain the typical mineral suite and presumably, the Baboon Basin claim deposits will contain the same assemblage. Processing of the ores therefore should not be different to the milling of other uranium-vanadium ores from the region.  The White Mesa Mill is operational and after 2010, the new Pinyon Ridge mill should be under construction. These two mills are within close proximity to the Baboon Basin property and should be capable of treating ore mined there.  Endeavor Uranium Incorporated has not yet undertaken any mineral processing or metallurgical testing of mineralized rocks collected from the Baboon Basin claim.  Plan of Operations  We do not presently have sufficient financing to undertake full exploration of our Baboon Basin property, and there is no assurance that we will be able to obtain the necessary financing. Our exploration program is preliminary in nature in that its completion will not result in a determination that the mineral property contains commercially exploitable quantities of mineralization. There is no assurance that a commercially viable mineral deposit exists on any of our properties. Further exploration beyond the scope of our planned exploration activities will be required before a final evaluation as to the economic feasibility of mining the Baboon Basin property is determined. There is no assurance that further exploration will result in a final evaluation that a commercially viable mineral deposit exists on our mineral properties.  20      We plan to commence our exploration programs of the Baboon Basin property within 12 months, although we do not anticipate that we will complete a full exploration program of the properties within this time frame, and with our limited finances. Key factors that could delay our exploration programs beyond the projected timeframes include the following.  (a)Poor availability of drill rigs due to high demand in Colorado;(b)Our inability to identify a joint venture partner and conclude a joint venture agreement where we anticipate a joint venture will be required due to the high costs of a drilling program;(c)Adverse weather; and(d)Our inability to obtain sufficient funding.  Key factors that could cause our exploration costs to be greater than anticipated include the following:  (a)adverse drilling conditions, including caving ground, lost circulation, the presence of artesian water, stuck drill steel and adverse weather precluding drill site access;(b)increased costs for contract geologists and geochemical sampling crews due to increased demand in Colorado; and(c)increased drill rig and crew rental costs due to high demand in Colorado.  Our Board of Directors will make determinations as to whether to proceed with the additional exploration of our mineral properties based on the results of the preliminary exploration that we undertake. In completing these determinations, we will make an assessment as to whether the results of the preliminary exploration are sufficiently positive to enable us to achieve the financing that would be necessary for us to proceed with more advanced exploration.  We plan to continue exploration of our mineral claims for so long as the results of the geological exploration that we complete indicate that further exploration of our mineral claims is recommended and we are able to obtain the additional financing necessary to enable us to continue exploration. All exploration activities on our mineral claims are presently preliminary exploration activities. Advanced exploration activities, including the completion of comprehensive drilling programs, will be necessary before we are able to complete any feasibility studies on any of our mineral properties. If our exploration activities result in an indication that our mineral claims contain potentially commercial exploitable quantities of minerals, then we would attempt to complete feasibility studies on the property to assess whether commercial exploitation of the property would be commercially feasible. There is no assurance that commercial exploitation of our mineral claims would be commercially feasible even if our initial exploration programs show evidence of significant mineralization.  If we determine not to proceed with further exploration of any of our mineral claims due to results from geological exploration that indicate that further exploration is not recommended, we will attempt to acquire additional interests in new mineral resource properties. There is no assurance that we would be able to acquire an interest in a new property that merits further exploration. If we were to acquire an interest in a new property, then our plan would be to conduct resource exploration of the new property. In any event, we anticipate that our acquisition of a new property and any exploration activities that we would undertake will be subject to our achieving additional financing, of which there is no assurance.  In October 2007, the Company hired Reardon Steel, LLC, which has staff geologists, to prepare a report evaluating the Baboon Basin Claims. Based on his own evaluation and on historical work, our geologist recommended a two stage exploration program, which we intend to carry out.  21      Our plan of exploration for the Baboon Basin Property is as follows:  Description of
Phase of
ExplorationDescription of Exploration Work RequiredFirst PhaseComplete drilling of 13 new holes to confirm prior exploration results and delineate ore body.

Conduct ground scintillation survey to identify new drilling targets.

Undertake a scoping study to assess feasibility of putting the Baboon Basin property into production.Second PhaseConduct comprehensive drill program based on first phase results

Stake out new drill holes, subject to phase 1 results

Conduct survey and drilling evaluation of newly acquired claims  The anticipated timetable and estimated budget for completion for each stage of exploration are as follows:  Stage of ExplorationAnticipated
Timetable for
CompletionEstimated Cost of CompletionFirst Phase of DrillingFall 2008Exploration Equipment

Field & survey work,
mapping, project geologist
salary and expenses for 12
months.

13 drill holes

Permitting, surveying, and
maintenance of claimsTotal Cost of First Phase$380,000   Second Phase of
DrillingSpring 2009 or
Fall 2009Comprehensive drilling
program of first phase area

Property leasing and staking
of new claims

Evaluation of newly staked
claimsTotal Cost of Second Phase$400,000  Ownership Interest  The structure of the transaction in which we acquired the rights to the 12 non-patented mining claims is fully set forth in the Form 8-K filed by the Registrant on November 29, 2007, which is incorporated by reference herein.  Further, by way of Assignment Agreement dated January 26, 2008, a copy of which is being filed herewith, we acquired certain additional rights for consideration totaling $25,000 per month for 6 months, as fully set forth in the attached agreement.  22      Glossary of Technical Terms TermDefinitionAutuniteA radioactive, yellow, greenish fluorescent mineral characterized by high uranium content and that is used as uranium ore.AphebianA time period within the Precambrian era; (between 2.5 and 1.8 billion years ago)ArcheanThe period in Earth's history between 2.5 billion years ago and 4.0 billion years agoAnticlinalA plane of growth or development at right angles to the nearest surfaceBiotiteA widely distributed rock-forming mineral of the mica group. It is generally black, dark brown, or dark green and forms a component of crystalline rocks (either as an original crystal in igneous rocks, or as a product of metamorphic origin in gneisses and schists) or a detrital component of sedimentary rocksBraided stream or braided stream channels.A network of small channels separated by small and often temporary islands called braid bars. Braided streams are common wherever a drastic reduction in water flow causes the rapid deposition of the stream's sediment load. Braided channels are also typical of river deltas and areas of high erosion.ExtrusiveA body of igneous rock that has crystallized from a molten magma below the surfaceGraniteA commonly occurring variety of intrusive igneous rock.Ground ScintillationA method of uranium prospecting that employs a scintillation counter, a specialized instrument for detecting the presence of radioactive minerals.GummiteA yellow amorphous mineral composed of uranium minerals, oxides, silicates, hydrates and hydrous oxides of uranium, derived from the alteration of uraninite. It is named for its gum-like consistency.IntrusiveA body of igneous rock that has crystallized from a molten magma below the surface.IgneousA body of rock that has crystallized from a molten magma.EoceneA geologic period that extends between 55 and 34 million years ago.FluviatileLiving in riversGrabenAn elongate crustal block that is relatively depressed (downdropped) between two fault systems.Geochemical surveyA sampling program focusing on trace elements that are commonly found associated with mineral deposits. Common trace elements for gold are mercury, arsenic, and antimony.Geologic mappingThe process of mapping geologic formations, associated rock characteristics and structural features.GeophysicalThe study of the earth by quantitative physical methods.Geophysical surveyThe systematic measurement of electrical, gravity, seismic, magnetic, or other properties as a tool to help identify rock type(s), faults, structures and minerals.Metamorphic rockRe-existing rock that has been physically changed by temperature, pressure, shearing stress, or chemical environment, generally at depth in the Earths crust.OligoceneA geologic period that extends between 34 million to 23 million years ago.OrthoquartzitesSandstone may be converted to quartzite by precipitation of silica from waters below the Earth's surface; such rocks are called orthoquartzitesPitchblendeCommon form of uraninite, a uranium rich mineral.ProterozoicThe Proterozoic (also called the Cryptozoic) was an eon in geological time that lasted from 2.5 billion years ago to 540 million years ago. During the Proterozoic Eon, the first multicellular life evolved, including colonial algae, solf-bodied invertebrates, and sponges.PyroclasticAn adjective used to describe rock materials formed by fragmentation as a result of volcanic actionQuartz MonzoniteA rock enriched in lighter elements formed when molten rock (magma) cools and solidifies.RhyoliteA commonly occurring variety of extrusive igneous rock.SedimentAny particulate matter that can be transported by fluid flow and which eventually is deposited as a layer of solid particles on the bed or bottom of a body of water or other liquid.  23       ShaleShale is a fine-grained sedimentary rock whose original constituents were clays or muds. It is characterized by thin laminae breaking with an irregular curving fracture, often splintery, and parallel to the often indistinguishable bedding planes. Non-fissile rocks of similar composition but made of particles smaller than 1/16 mm are mudstones. Rocks with similar particle sizes but with less clay and therefore grittier are siltstones.StrataLayers of sediment or layers of sedimentary rock.TertiaryA geological period that extends approximately 65 million to 1.8 million years ago.UraniniteA black, uranium-rich mineral that also contains lead and rare earths.U3O8A uranium feedstock ore that contains dirt and other rocks. It is for all subsequent uranium processing and applications.UranophaneA yellow, radioactive mineral composed of uranium and silica that forms from the oxidation of uranium bearing minerals.Wall Mountain TuffA type of rock formed from volcanic ash ejected from vents during a volcanic eruption and forming on mountain walls.              Available Information  We file electronically with the Securities and Exchange Commission our annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K, pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934.  You may obtain a free copy of our reports and amendments to those reports on the day of filing with the SEC by going to http://www.sec.gov.  Cash Requirements  As at June 30, 2008, we had cash on hand of $3,516. We do not have sufficient cash on hand to pay the costs of any of our operations as projected to twelve (12) months or less and to fund our operations for that same period of time. As such, we will require additional financing in order to proceed with some or all of our goals as projected over the next twelve (12) months. We presently do not have any arrangements for additional financing, and no potential lines of credit or sources of financing are currently available for the purpose of proceeding with any of our goals projected over the next twelve (12) months and beyond.  Any additional growth of the Company may require additional cash infusions. We may face expenses or other circumstances such that we will have additional financing requirements. In such event, the amount of additional capital we may need to raise will depend on a number of factors. These factors primarily include the extent to which we can achieve revenue growth, the profitability of such revenues, operating expenses, research and development expenses, and capital expenditures. Given the number of programs that we have ongoing and not complete, it is not possible to predict the extent or cost of these additional financing requirements.  Notwithstanding the numerous factors that our cash requirements depend on, and the uncertainties associated with each of the major revenue opportunities that we have, we believe that our plan of operation can build long-term value if we are able to demonstrate clear progress toward our objectives.  Progress in the development of our business plan will likely lend credibility to our plan to achieve profitability. We hired several consultants to our marketing, regulatory and administrative staff during the course of 2007 in order to fully implement our plans for growth.  The Company does not anticipate any contingency upon which it would voluntarily cease filing reports with the SEC, even though it may cease to be required to do so. It is in the compelling interest of this Registrant to report its affairs quarterly, annually and currently, as the case may be, generally to provide accessible public information to interested parties, and also specifically to maintain its eligibility for the OTCBB.  The failure to secure any necessary outside funding would have an adverse affect on our development and results there from and a corresponding negative impact on shareholder liquidity.  24      Future Financings  Our plan of operation calls for significant expenses in connection with the implementation of our business plan over the course of the next 24 months. For the next twelve months, management anticipates that the minimum cash requirements to fund our proposed goals and our continued operations will be at least $500,000. As such, we do not have sufficient funds on hand to meet our planned expenditures over the next 24 months. Therefore, we will require and will need to seek additional financing to meet our planned expenditures.  Obtaining additional financing would be subject to a number of factors, including development of our business plan and interest in our company. These factors may make the timing, amount, terms or conditions of additional financing unavailable to us.  Off-Balance Sheet Arrangements  We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to our investors.  RESULTS OF OPERATIONS  RESULTS OF OPERATIONS FOR THE PERIOD ENDED JUNE 30, 2008 COMPARED TO THE PERIOD ENDED JUNE 30, 2007.  Operating Revenues  We are an exploration stage company as defined by Statement of Financial Accounting Standard (SFAS) No. 7, Accounting and Reporting by Development Stage Companies, and have not generated any revenues since our inception.  Selling, General and Administrative (SG&A) Expenses  For the six months ended June 30, 2008, our SG&A expenses were $23,811 compared to $48,162 for the six months ended June 30, 2007.  The decrease in SG&A expenses were attributed to the fact that we incurred lower amounts of general costs, such as travel.  Mineral Property Expenditures  For the six months ended June 30, 2008, our mineral property expenditures were $377,377 compared to $ nil for the six months ended June 30, 2007.  The increase in mineral property expenditures were attributed to drilling and geological costs of approximately $196,000, geological and surveying costs of approximately $35,000, and fee payments for extending the final payment of our acquisition of Baboon Basin of $75,000.  Net Income  Our net loss for the six months ended June 30, 2008 was $423,755 compared to $90,987 for the six months ended June 30, 2007.  The increase in the net loss was attributed to mineral expenditure costs of approximately $377,000 that was incurred during fiscal 2008 as the Company commenced geological and surveying costs of its Baboon Basin mineral claims.   Liquidity and Capital Resources  As at June 30, 2008, our cash balance was $3,516 compared to $205 as at June 30, 2007.  We had a working capital deficit of $443,259 as at June 30, 2008 compared to a working capital deficit of $7,475 as at June 30, 2007.  The increase in the working capital deficit is attributed to timing differences of unpaid mineral exploration costs and professional fees.  Operating Activities  For the six months ended June 30, 2008, we had a negative cash flow from operating activities of $158,366 compared with a negative cash flow from operating activities of $65,989 for the six months ended June 30, 2007.  The increase in the negative cash flow is attributed to mineral property expenditures and professional fees that were incurred during the six month period.  25      Financing Activities  During the six months ended June 30, 2008, we received cash financing of $161,798 from the issuance of notes payable from related parties to support our day-to-day operations.  For the six months ended June 30, 2007, we did not receive or repay any debt or equity financing.  Off-Balance Sheet Arrangements  The Company has no material transactions, arrangements, obligations (including contingent obligations), or other relationships with unconsolidated entities or other persons that have or are reasonably likely to have a material current or future impact on its financial condition, changes in financial condition, results of operations, liquidity, capital expenditures, capital resources, or significant components of revenues or expenses.  Critical Accounting Policies  We have identified the following critical accounting policies which were used in the preparation of our financial statements.  Use of Estimates: The preparation of financial statements in conformity with generally accepted accounting principles in the United States and requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the valuation of its mineral properties, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Companys estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.  Exploration and Development Costs: Costs of acquiring mining properties and any exploration and development costs are expensed as incurred unless proven and probable reserves exist and the property is a commercially minable property. When it has been determined that a mineral property can be economically developed as a result of established proven and probable reserves, the costs to develop such property will be capitalized. Costs of abandoned projects will be charged to operations upon abandonment.  Long-lived Assets: The Company periodically evaluates the carrying value of property, plant and equipment costs, to determine if these costs are in excess of their net realizable value and if a permanent impairment needs to be recorded. The periodic evaluation of carrying value of capitalized costs and any related property, plant and equipment costs are based upon expected future cash flows and/or estimated salvage value in accordance with Statement of Financial Accounting Standards (SFAS) No. 144, Accounting for Impairment or Disposal of Long-Lived Assets.  Comprehensive Loss:  SFAS No. 130, Reporting Comprehensive Income, establishes standards for the reporting and display of comprehensive loss and its components in the financial statements. As at June 30, 2008 and December 31, 2007, the Company has no items that represent comprehensive loss and, therefore, has not included a schedule of comprehensive loss in the financial statements.  Stock- Based Compensation: SFAS 123(R), Share-Based Payment, requires the recognition of the cost of employee services received in exchange for an award of equity instruments in the financial statements and is measured based on the grant date fair value of the award. SFAS 123(R) also requires the stock option compensation expense to be recognized over the period during which an employee is required to provide service in exchange for the award (the vesting period). We utilize the Black-Scholes option-pricing model to determine fair value.  Recent Accounting Pronouncements  In May 2008, the Financial Accounting Standards Board (FASB) issued SFAS No. 163, Accounting for Financial Guarantee Insurance Contracts  An interpretation of FASB Statement No. 60.  SFAS 163 requires that an insurance enterprise recognize a claim liability prior to an event of default when there is evidence that credit deterioration has occurred in an insured financial obligation. It also clarifies how Statement 60 applies to financial guarantee insurance contracts, including the recognition and measurement to be used to account for premium revenue and claim liabilities, and requires expanded disclosures about financial guarantee insurance contracts. It is effective for financial statements issued for fiscal years beginning after December 15, 2008, except for some disclosures about the insurance enterprises risk-management activities. SFAS 163 requires that disclosures about the risk-management activities of the insurance enterprise be effective for the first period beginning after issuance. Except for those disclosures, earlier application is not permitted.  The adoption of this statement is not expected to have a material effect on the Companys consolidated financial statements.  26       In May 2008, the FASB issued SFAS No. 162, The Hierarchy of Generally Accepted Accounting Principles. SFAS 162 identifies the sources of accounting principles and the framework for selecting the principles to be used in the preparation of financial statements of nongovernmental entities that are presented in conformity with generally accepted accounting principles in the United States.  It is effective 60 days following the SECs approval of the Public Company Accounting Oversight Board amendments to AU Section 411, The Meaning of Present Fairly in Conformity With Generally Accepted Accounting Principles. The adoption of this statement is not expected to have a material effect on the Companys consolidated financial statements.  In March 2008, the Financial Accounting Standards Board (FASB) issued SFAS No. 161, Disclosures about Derivative Instruments and Hedging Activities  an amendment to FASB Statement No. 133. SFAS No. 161 is intended to improve financial standards for derivative instruments and hedging activities by requiring enhanced disclosures to enable investors to better understand their effects on an entity's financial position, financial performance, and cash flows. Entities are required to provide enhanced disclosures about: (a) how and why an entity uses derivative instruments; (b) how derivative instruments and related hedged items are accounted for under Statement 133 and its related interpretations; and (c) how derivative instruments and related hedged items affect an entitys financial position, financial performance, and cash flows. It is effective for financial statements issued for fiscal years beginning after November 15, 2008, with early adoption encouraged. The Company is currently evaluating the impact of SFAS No. 161 on its financial statements.  In December 2007, the FASB issued SFAS No. 160 Non-controlling Interests in Consolidated Financial Statements-an amendment of ARB No.51SFAS No. 160 requires consolidated net income to be reported at amounts that include the amounts attributable to both the parent and the non-controlling interest. It also requires disclosure, on the face of the consolidated statement of income, of the amounts of consolidated net income attributable to the parent and to the non controlling interest. SFAS No. 160 also requires that a parent recognize a gain or loss in net income when a subsidiary is deconsolidated. SAFAS No. 160 also requires expanded disclosures in the consolidated financial statements that clearly identify and distinguish between the interests of the parents owners and the interests of the non-controlling owners of a subsidiary. SFAS No. 160 is effective for financial statements issued for fiscal years beginning after December 15, 2008. The Company is currently evaluating the impact of SFAS No. 160 on its financial statements, and the adoption of this statement is not expected to have a material effect on the Companys financial statements.  ITEM 4(T). CONTROLS AND PROCEDURES  (a)           Evaluation of Disclosure Controls and Procedures:  Our President and Chief Financial Officer, after evaluating the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)), have concluded that, as of June 30, 2008 due to the material weaknesses in our internal control over financial reporting identified in our 2007 Form 10-KSB, our disclosure controls and procedures were not effective in providing reasonable assurance that information we are required to disclose in reports we file is recorded, processed, summarized and reported within the periods specified.  (b)           Managements Annual Report on Internal Control Over Financial Reporting:  While we have continued our efforts to address each of the material weaknesses identified in our 2007 Form 10-KSB, there were no material changes in our internal control over financial reporting during the most recently completed quarter.  We have not identified any additional material weaknesses during this quarter.  We are not planning to report on whether there has been full remediation of the identified material weaknesses until our 2008 report on internal control over financial reporting is complete.  (c)           Changes in Internal Control Over Financial Reporting:  During 2008, the company will be directing concerted focus to full compliance with Sarbanes-Oxley requirements, as revised in Audit Standard No. 5 for small businesses, in implementing Section 404(a) of the Act.   27      PART II.  ITEM 1.  LEGAL PROCEEDINGS  None.  ITEM 1(A). RISK FACTORS  Not required.  ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.  None.  ITEM 3.  DEFAULTS UPON SENIOR SECURITIES  None.  ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS  None.  ITEM 5.  OTHER INFORMATION  None.  ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K  (a) Exhibits.  EXHIBIT NUMBERDESCRIPTIONLOCATION3.1 - 3.2Articles of Incorporation and BylawsPreviously Filed.31.1Rule 13a-14(a)/15d-14(a) Certification (CEO)Filed herewith31.2Rule 13a-14(a)/15d-14(a) Certification (CFO)Filed herewith32.1Section 1350 Certification (CEO)Filed herewith32.2Section 1350 Certification (CFO)Filed herewith  (b) Reports on Form 8-K.  During the period ended June 30, 2008, we filed reports on Form 8-K on the following dates:  April 8, 2008.  28      SIGNATURES  Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.   DATE: August 14,  2008Endeavor Uranium, Inc.
(Registrant)

By: /s/ Terrance HeadrTerrance Heard
Director, CEO and President      29