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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 Goldqueen3on Jul 13, 2019 7:57am
72 Views
Post# 29916529

RE:RE:RE:The decision is... delayed for 90 days

RE:RE:RE:The decision is... delayed for 90 daysI would agree that Cameco will be buying on the spot market but utilities are still in the dark about the final "remedy" so they won't be doing anything for 90 days.  Trump could still invoke 232 whole or in part or highly modified. Nothing to stop him from doing anything.  Essentially nothing has changed...no one knows anything about the final outcome.  90 days more waiting by utilities is nothing, there's no urgency for them to do a thing yet.  There's plenty of inventory out there still which is why spot is still at $25.  The real action will begin in 90 days or so when some comprehensive "solution" is put forward.  I would not touch these miners.  They could still end up with squat.
Bullboard Posts

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