Bullboard - Stock Discussion Forum Kraken Energy Corp UUSAF

Primary Symbol: C.UUSA

Kraken Energy Corp. is a Canada-based energy company advancing its portfolio of high-grade uranium properties in the Unites States. The Company is advancing its 100%-owned Apex Uranium Property, located 280 kilometers (km) east from Reno, Nevada, which is recognized as Nevada's past-producing uranium mine. The Company has additionally entered into an option agreement to earn 100% of the... see more

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Kraken Energy Corp > Uranium rallies w/ energy crisis

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Post by waves1 on Sep 19, 2022 5:32pm

Uranium rallies w/ energy crisis

"Uranium rallies as energy crisis puts nuclear power in focus"
https://www.ft.com/content/ea4a7107-c443-4aa6-a2b8-94d6c55447a2

Great article on the uranium price rally resulting in bullish sentiment citing Russia's war on Ukraine, the US Inflation Reduction Act, and Japan restarting its reactors, among other events.

UUSA is advantageously positioned to take advantage of this price rally with the Apex project, Nevada's largest past-producing uranium mine. Plus, UUSA has significant room to expand the resource at Apex and is well financed going forward.