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URZ3 Energy Corp URZ


Primary Symbol: V.URZ Alternate Symbol(s):  NVDEF

URZ3 Energy Corp., formerly Nevada Exploration Inc., is a Canada-based exploration company. The Company has also diversified its interest into Uranium. It is engaged in the acquisition, exploration, and development of resource properties. It owns approximately 35,467 hectares of mineral claims in Saskatchewan. Its projects include South Grass Valley, Kelly Creek, and Awakening. The South Grass Valley Project is located approximately 50 kilometers (km) south-southwest of Barrick Gold Corp.'s Cortez complex, within the specific region of north-central Nevada. The Kelly Creek Project is located approximately 40 km north-northwest of Battle Mountain in Humboldt County, Nevada. The Awakening Project is located in Humboldt County, Nevada, 50 km north-northwest of Winnemucca, and 4,000 meters north of the 4.8-million-ounce Sleeper Gold Mine. The Company controls a large strategic land position in the central Powder River Basin of Wyoming and operates the Nichols Ranch ISR uranium project.


TSXV:URZ - Post by User

Post by nopoo2on Nov 08, 2014 10:21am
185 Views
Post# 23109747

Dundee

Dundee

We still have those items in the market that we’ve been watching: Russian sanction potential, ConverDyn-US DOE lawsuit, and shrinking supplies. But the thing that might make this sustainable is that the utilities are starting to buy, in addition to the intermediaries and financial entities that are buying. Trading is still thin, but the makeup of the bidders has changed a lot recently and sellers are getting less needy to sell. The utilities need to purchase both spot and term uranium, and cover for 2017-18 period in particular. While they may be coming in early for that period, it is easier to talk its management into buying in rising uranium markets than flat. We have always said, just like in 2006-2007, when contracting begins and the price moves, it will move fast.


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