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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
Comment by miningboomon Apr 16, 2019 1:53pm
106 Views
Post# 29634369

RE:RE:RE:RE:RE:Added today at $4.18

RE:RE:RE:RE:RE:Added today at $4.18Goldqueen2 - Trump and a whole slew of his people (like Peter Navaro) are highly sensitive to trade issues and consider US economic security the real issue with US national security.  In addition, Trump likes negotiation power.  What happens if the US says they're okay not having a domestic fuel source and then later down the road some other spats occur between the US and, say, Canada?  It's a matter of leverage.  Trump doesn't want the US to ever be held hostage by the fact that they're reliant on other countries for critical elements of its economy.  

The best long term plan for the Trump government here would be to establish quotas and then also provide subsidies for the utilities (nuclear power plants) in order to maintain the 'entire' nuclear industry.  I wouldn't be at all surprised if this is exactly what he ends up doing.

As for all your "I told you sos", you realize that nothing has actually happened yet.  So your confidence on this issue is confusing.  If new policies are put in place to help support the uranium mining industry in the US, what exactly will your position be then?  Something tells me we won't hear from Goldqueen2 anymore.
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