GREY:SXRZF - Post by User
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RainRyderon Oct 30, 2007 9:33pm
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Uranium company buys whole town
Uranium company buys whole townNot sure "BUT" this may be the reason for the halt ...
A Canadian mining company that bought a mothballed uranium mill in southern Utah has now acquired the private community of Ticaboo, located less than 10 miles from the mine. Toronto's Uranium One Inc acquired the property, which includes mobile home and recreational vehicle parks, the infrastructure for a housing subdivision, a restaurant and convenience store.
Wyoming-based US Energy Corp had owned the mill and town and sat on the assets for more than two decades, waiting for the uranium market to rebound. It operated the mill for less than three months in 1982, when the market cras