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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.


TSX:URE - Post by User

Ur-Energy Inc
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Comment by foampirateon Sep 10, 2008 11:55pm
444 Views
Post# 15447090

RE: Opportunity Knocking

RE: Opportunity KnockingAgreed. Fortunately, I didn't have my money transferred yet, but that means I can buy more. At this point I think it would be reasonable to hold to 1.35-1.50 on a trade to make some quick money. I think their cash should be fine, but I would be concerned about possible U.S. political fallout after the elections, which could delay the process even more. Hopefully a white knight won't decide to take us out under $2.00 as we wait. Hopefully the company will figure out what their new cash burn rate is and give us better guidance.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities
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