Ur-Energy Inc T.URE

Alternate Symbol(s): URG

Metals & Mining Industrial Metals & Minerals

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 jpsartreanon Jan 25, 2008 12:07am

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Post# 14259306

RE: This company simply continues executing...

And that's being conservative too imho!! I totally agree where you're coming from there though - which is why URE is the first U stock I ever bought 2 and a half years ago. It is one of only a VERY few companies that I buy on large dips... Assuming production costs in the low $20s'/lb. and an average long term price of $40/lb. over the life of Lost Soldier and Creek, I think you could easily tack on another $5-$8/lb. there - ~$100M-$160M --> or another ~$1-$1.50/share. BY FAR the most attractive U stock I've found that is operating in a geopolitically stable (and U mining friendly) part of the world...

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