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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 presto10on Sep 28, 2008 10:47am
539 Views
Post# 15489521

RE: trading near cash levels again

RE: trading near cash levels againI'm sticking w/ my knitting.  Of the hundreds of jr uranium companies out there I'd say 90% are TOAST.  They will not be able to get financing to continue work and will see their stock prices become dormant.  HAT will be a notable exception and the likes of UEX will be taken out??? I own neither.  I love the idea of green power and in my books man made effects on warming are undeniable.    Unfortunately we will not be able to cap Co2 emissions w/out a continued and growing commitment to nuclear.  That imo are the facts and there are no two ways about it.  URE, be it through dumb luck or a bold mgt move has the CASH to continue work until production,.  The other jrs will have to dilute themselves to ridiculous levels, pray for a take over or look for the next hot sector to pay the rent.  Maybe all of the above.  
Bullboard Posts