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Energy Fuels Ord Shs T.EFR

Alternate Symbol(s):  UUUU

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

Bullboard Posts
Post by Logiwaveon Mar 17, 2011 5:16pm
511 Views
Post# 18301286

The banks smell blood and move in for the killing

The banks smell blood and move in for the killing
Well, that's just great. All we need is more dilution of the shares.
Why wait until the stock hits rock bottom to do the financing? That's really stupid timing.
Why wasn't this financing done in the last two months when the stock price was well over $1?
 
The least Energy Fuels could have done was wait another week or two until the stock bounced back some more from the trouncing it took on the Japanese disaster. Most other uranium stocks have started to recover.
No regard at all for the share holders...thanks a bunch!

Bullboard Posts