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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
Post by Maggson Oct 08, 2010 12:22pm
369 Views
Post# 17545640

The important thing..

The important thing..                 is the uptrend is intact and this is the level where we should be turning which would be a full retracement technically...There is no reason to think that we will not hold this .95-.97 level and start to build to new highs again...Insider selling is meaningless here unless you saw wholesale selling from many insiders...Because we correct an impulse leg does not mean that we are going back into the range...we simply need to refuel and build the base at a higher level...We took out our previous highs and that is significant...the timing is the only issue...Patience!
Bullboard Posts