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Laramide Resources Ltd T.LAM

Alternate Symbol(s):  LMRXF

Laramide Resources Ltd. is a Canada-based company, which is focused on exploring and developing uranium assets in Australia and the western United States. Its portfolio comprises of five uranium projects, namely Crownpoint-Churchrock Uranium Project, La Jara Mesa Uranium Project, La Sal Uranium Project, Westmoreland Uranium Project, and Murphy Uranium Project. The Crownpoint-Churchrock Uranium Project consists of two uranium deposits, Crownpoint and Church Rock. The Project consists of all or portions of eight sections of land totaling approximately 4,680 acres. The La Sal Project is a sandstone-hosted roll front uranium deposit and is located in close proximity to Energy Fuels' White Mesa Mill in Blanding, Utah. The Westmoreland Project is located approximately 400 kilometers north-northwest of Mt Isa. The Murphy Uranium Project consists of 683.5 km2 of granted exploration tenure, which lies contiguous to and along strike from Laramide's Westmoreland Project in northwest Queensland.


TSX:LAM - Post by User

Bullboard Posts
Post by mayorkghon Apr 02, 2011 11:38am
224 Views
Post# 18377147

Uranium market update and projection

Uranium market update and projection

https://www.marketwire.com/press-release/Resource-Capital-Research-March-Quarter-2011-Global-Uranium-Companies-1421142.htm

key conclusion from this Sydney based equity research company is:

"However, while there is potential for some impact to the marginal growth of nuclear energy, the key forces driving the nuclear "renaissance" appear to remain intact, viz:

  • Competing fuel prices increasing (oil, gas, coal)
  • Carbon dioxide pricing to be introduced
  • Growth in world energy demand for electricity, currently expected to double in the next couple of decades
  • Uncertainty around renewable energy technologies market penetration
  • Uncertainty around carbon capture and sequestration costs"
Bullboard Posts