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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 Oct 07, 2016 9:46am
314 Views
Post# 25321792

September investor presentation

September investor presentationThe latest presentation is an interesting read. There is sufficient new material to indicate that some measure of positive momentum is finally being achieved. Reference is made to Li Ka-shing's investment in NexGen, which values that uranium asset at C$3.50/lb or roughly 10x that of Laramide. The NPV10% for Westmoreland alone is C$5.88 per share. The analyst covering Laramide, Dave Talbot of Dundee, seems to have initiated a strong buy recommendaion. within the past month. The news release this morning indicates that they have some more time to pull the finances together...which is good.
Bullboard Posts