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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 Firebag3on Aug 19, 2012 8:31pm
258 Views
Post# 20235820

And so we wait (Part two)

And so we wait (Part two)

(iv) Will we stay within budget and time lines, building the mine?

(v)  What will our initial recovery rate be, if / when we actually go into production?

(vi) I stand to be corrected but I believe we have only explored ~ 10% of Lost Creek! What will we find in the remaining 90%? UR Energy has already commented that there are numerous roll fronts.

(vii) If / when Lost Soldier is licenced with NRC as an amendment to the Lost Creek Licence, at today's prices, our net worth will go up ~ another 1/2  a billion dollars.

Anybody think of any other significant changes that will positively impact the share price.

I have two concerns: (a) If the world has another nuclear accident, Uranium stock prices will immediately go into the tiolet and stay there for years.

                                     (b) I hope we do not get bought out! Any guesses as to what a fair market value would be, for our Ur Energy??????????

Oh well, you know at the onset,  the possibility is there. No risk, no reward.

Best of luck one and all.

Bullboard Posts