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Ur-Energy Inc T.URE

Alternate Symbol(s):  URG

Energy
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

Ur-Energy Inc
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Post by Maggson Oct 02, 2010 11:58am
386 Views
Post# 17521407

Technically...

Technically...
                 That was a nice finish to the trade on friday...A new 52 week closing high but not quite a 52 week high but that is just comparing apples to oranges because they are both good!  Usually that action is not a typical friday in that traders like to take profits on fridays but we saw none of that...Good things coming for sure...I was going over their resources and financials again yesterday and anyway you look at it this company compared to other juniors in the space could double from here and still be undervalued compared to it's peers and that is not taking into account production coming on line or a flat out sale of the company. This company has been in a rut and not appreciated for so long that it finally looks like the market is rewarding them for all their hard work and with their success comes ours......Nice!
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