Kraken Energy Corp C.UUSA

Alternate Symbol(s): UUSAF

Kraken Energy Corp. is a Canada-based energy company advancing its portfolio of high-grade uranium properties in the Unites States. The Company is advancing its 100%-owned Apex Uranium Property, located 280 kilometers (km) east from Reno, Nevada, which is recognized as Nevada's past-producing uranium mine. The Company has additionally entered into an option agreement to earn 100% of the Garfield Hills Uranium Property. The past-producing Garfield Hills Uranium Property covers 1,238 hectares (ha) and is located 19 km east of Hawthorne in Mineral County, Nevada. It has also recently staked the Huber Hills Uranium Property, located 136 km north of Elko, Nevada, which covers 1,044 ha and encompasses the historic Racetrack open pit mine. The Company has also entered into an option agreement to earn 75% of the Harts Point Uranium Property. The Harts Point Uranium Property covers 2,622 ha and is located 49 km northwest of Monticello in San Juan County, Utah.

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Kraken Energy Corp

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Post by waves1on Sep 09, 2022 4:44pm

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Post# 34953169

Nuclear resurgence driving bull case for uranium

Interesting clip on the nuclear resurgence and which is driving uranium prices. The uranium deficit as a result of the resurgence is driving the bull case as not much new supply is coming online right now - leaving a gap in the market that UUSA could help fill with its Apex Project.

"Uranium stocks are jumping as nations worldwide reconsider #nuclearpower amid Europe’s #EnergyCrisis & surging #EnergyPrices"

https://twitter.com/pippastevens13/status/1567985358322958336?s=21&t=rTULhvnjnRTaoTF1UMMFng

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