Ur-Energy Inc T.URE

Alternate Symbol(s): URG

Energy

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.

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Ur-Energy Inc

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Comment by Synchronouson Aug 01, 2007 2:34pm

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Post# 13186983

RE: Cant believe this

"" That would mean its market cap was valuing its current NI 43-101 compliant pounds at less than $10.00 U.S./lb. I've found this drop totally baffling. "" KRI is valued somewhere around $5 /lb in the ground. and is in a similar production timeframe. Just giving some perspective where the bottom could be. I like URE just worried that any stock with any 'speculation' is taking such a beating these days. Though to call these stocks as 'speculative' is just fear mongering by the short-ers.

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