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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
Comment by miningboomon Jul 18, 2019 10:24am
161 Views
Post# 29934272

RE:May go more lower

RE:May go more lowerThose grades are perfectly fine for ISR production.  Stop trying to bash this company.  Marc Henderson, as the CEO, owns 12.4MM shares and has been buying in the open market.  He's also the guy that ran this company during the mid-2000s when we saw its meteoric rise.  We know the US Working Group is going to come up with a plan to help increase domestic production, so all US names that are currently in the dumps are going to get a HUGE re-rating whenever they make a decision.  This stock is very undervalued right now and a screaming buy.
Bullboard Posts