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Global Atomic Corp T.GLO

Alternate Symbol(s):  GLATF

Global Atomic Corporation is a Canada-based company, which provides a combination of high-grade uranium mine development and zinc concentrate production. The Company operates through two segments: the Uranium Business and the EAFD Business. The Company’s Uranium Business activities presently take place in Niger, Africa. The Uranium Business segment includes four deposits with the flagship Dasa project. The Dasa project is a high-grade uranium deposit that lies within the Adrar Emoles III licence area, approximately 105 kilometers (km) south of the established uranium mining town of Arlit, in the Republic of Niger. The Company Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. (BST) Joint Venture, which operates a zinc production plant, located in Iskenderun, Turkey. The plant recovers zinc from Electric Arc Furnace Dust (EAFD) to produce a high-grade zinc oxide concentrate which is sold to zinc smelters around the world.


TSX:GLO - Post by User

Post by lithomonon Dec 13, 2021 12:51am
447 Views
Post# 34223980

Debt Free, Earning $12M+ annually, $35M Bought Deal

Debt Free, Earning $12M+ annually, $35M Bought Deal And Uranium Mine Portal (mine opening) develpment work begins in the early New Year.

Lots of upside potential in 2022.

Without hesitation, the world is embracing the Green aspects of Nuclear energy.

In the meantime, the rapidly rising Lithium battery EV industry will provide a "quick start" towards the slow process of re-aligning the devastating trend of global warming, in particular, Canada which is warming at the rate of double the global average. 
Except that, very little Lithium is currently available and not being produced at the rate to meet the burgeoning demand.

Thus, a big opportunity for any near term Uranium production as reactors come online.
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