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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 Tier-1 uranium Jurisdictions of Australia, United States and Kazakhstan. The Company’s portfolio comprises predominantly advanced uranium projects. In Australia, its 100% owned Westmoreland Uranium project is located in northwest Queensland and covers over 548.5 square kilometers (km2). Its tenements are contiguous and are located as a group approximately 400 km north-northwest of Mt Isa. The Murphy Uranium Project consists of 683.5 km2 of granted exploration tenure, which lies contiguous to and along the strike from its Westmoreland Project in northwest Queensland. In the United States, its assets include the Crownpoint-Churchrock Uranium Project, La Jara Mesa project in the Grants mining district of New Mexico, and an underground project, called La Sal, in Lisbon Valley, Utah. In Kazakhstan, the Company is exploring over 6,000km2 of the prolific Chu-Sarysu Basin.


TSX:LAM - Post by User

Bullboard Posts
Comment by VentureTrader1on Jun 07, 2018 4:22pm
86 Views
Post# 28141837

RE:RE:RE:private placements

RE:RE:RE:private placementsFinancing at .33, with warrants.  That's an incentive for the financers to sell at anything over .33, or even short agains the pp shares.  If uranium gets really hot (and it looks like a possibility) that could negate the typical pp dynamics, but normally you get market price about 25% under pp price before anything turns.  But LAM is so discounted here that a really strong Uranium market could discount that.

My point being that if the normal selling kicks in, given where uranium's starting to go that would be a huge gift - a fantastic buying opp.
Bullboard Posts

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