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Ur-Energy Inc T.URE

Alternate Symbol(s):  URG

Ur-Energy Inc. is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. It is focused on uranium recovery and processing operations, in addition to the exploration for and development of uranium mineral properties. Its land portfolio in Wyoming includes 12 projects. 10 of these projects are in the Great Divide Basin (GDB), Wyoming, including its flagship project, Lost Creek Project. It controls nearly 1,800 unpatented mining claims and three State of Wyoming mineral leases for a total of approximately 35,400 acres at its Lost Creek Property, including the Lost Creek permit area and certain adjoining projects which it refers to as LC East, LC West, LC North, LC South and EN project areas (collectively, with the Lost Creek Project, the Lost Creek Property). Its Wyoming properties together total approximately 48,000 acres and include its Shirley Basin Project.


TSX:URE - Post by User

Bullboard Posts
Comment by moneymotivatoron Mar 10, 2010 12:52am
262 Views
Post# 16864015

RE: RE: RE: RE: RE: Companies current position

RE: RE: RE: RE: RE: Companies current positiongood idea thanks for the info , your right SEDAR is really the only way to get to the source!

So all in all I know Uranium has been one of the few lagging commodities in the current business cycle. Still is a gamble I suppose as company will no longer have the cash but a producing mine with no debt, so it could be tight judging on 30 million mine + 30 million (others) cost with only 50 million of liquid which could be get drained as we speak have not done much research on this on , possible future financing or debt? 

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