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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

Comment by TheCardinalon May 06, 2014 2:34am
95 Views
Post# 22527500

RE:Megatons to Megawhat?

RE:Megatons to Megawhat?
Sounds as though you have a really serious case of "buyer's remorse".  Good thing you're not holding lots of micro-cap "U"s instead of just one; we'd be hearing a gunshot from some otherwise-empty room by now, I'm sure.
 
Meanwhile, back in the real world, all the "U" stocks are subtly coming to life, as they anticipate the impending demand for more "U" as China sees the need for more and more nukes to deliver the clean electricity they'll need more and more of; as Germany quietly re-thinks their hasty, ill-thought-out "no nukes" policy, especially if the gas gets turned off to Europe and goes East, instead. Tough to run those efficient German factories with no power, eh?  And then there's Japan; yes, Japan, Fukushima and all.  But guess what?  Reactors... coming back on line. 
 
The "spot" price of uranium has been, is, and always will be nothing but a "red herring" anyway in a world where "U" is mostly secured by long-term contract.  People who actually run nuclear power plants ( and that obviously doesn't include you ) don't have the luxury of worrying about "spot" prices, they need certainty the fuel is going to be there when they need it, and the real price of "U" is the price for which they're willing to enter into the sanctity of contract to make sure they have it when they need it.
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