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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 naturallyon Oct 27, 2016 2:13pm
83 Views
Post# 25393944

RE:RE:RE:costs/hedges?

RE:RE:RE:costs/hedges?Just a guess, but I'd say , bottom line of most companys will feel the pain in the next few quarters, even thou URE/URG won't, but that doesn't mean we won't track down along with the others. Example would be Ford in 2008 , it had no problems as they dealt with them and didn't need a bale out like GM and  Crysler did but it got punished along with the whole industry. So all in all News will be good from URE going forward even thou the rest of the Uranium industry drops, I'd say bottom or close to bottom for the next 2 months . I like Canfor's evaluations on uranium companys were valued at 5 times the current stock price ,where as next closest valuation is at about 2 1/2 times for different companys.
Bullboard Posts