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Energy Fuels Ord Shs T.EFR

Alternate Symbol(s):  UUUU

Energy
Energy Fuels Inc. is a critical minerals company. The Company is a producer of uranium in the United States. It mines uranium and produces natural uranium concentrates that are sold to nuclear utilities to produce carbon-free nuclear energy. The Company is engaged in the production of advanced rare earth elements (REE) materials, including mixed REE carbonate. It also produces vanadium from certain of its projects, as market conditions warrant, and is evaluating the recovery of radionuclides needed for emerging cancer treatments. The Company holds two uranium production centers: the White Mesa Mill in Utah and the Nichols Ranch in-situ recovery (ISR) Project in Wyoming. The White Mesa Mill is a conventional uranium mill operating in the US, and has a licensed capacity of over 8 million pounds of triuranium octoxide (U3O8) per year. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. It also has the Bahia Project in Brazil.


TSX:EFR - Post by User

Energy Fuels Ord Shs
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Post by tinshinson Jan 02, 2009 5:10pm
665 Views
Post# 15678934

Why ?

Why ?I can understand why the Precious Metal Stocks are surging, but I am stumped as to why the uranium stocks should be surging. The supply and demand of PM's are dictating their current price movement, but why uranium ? Uranium is energy, and energy is not a favourite of investors right now. Maybe in spring and summer, but not at this moment. And yet I bought in today ... and am quietly soiling my pants right now ... Why in blazes is Uranium stocks climbing ? It makes no sense ...
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