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Ur-Energy Inc T.URE

Alternate Symbol(s):  URG

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.


TSX:URE - Post by User

Bullboard Posts
Comment by dwyomingon Feb 01, 2008 9:00pm
377 Views
Post# 14307618

RE: They Still Need to Get Permits to Mine

RE: They Still Need to Get Permits to MineI'm probably one of the very, very few posters to have ever been anywhere near Lost Creek/Lost Soldier. I cannot imagine a permitting problem nor have I heard of any indication of any serious opposition nor any serious issues to be resolved. The process takes time with bureaucrats moving at their usual pace. The area has no people, no threatened species that I know of, no surface water. The ground water already has natural uranium in it (go figure). From UR's site it is just a few miles of scattered sagebrush to the Sweetwater Uranium Mill site. A few miles to the northwest are several reclaimed uranium mines. Wyoming has had companies doing in situ leaching since the 1950s. Besides the decline in uranium pricing, the company is in that boring period leading up to actual production. The company has almost a dollar of cash per share. Short it if you dare Mr. Redford.
Bullboard Posts