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 Tradesmanon Oct 31, 2008 11:28am

378 Views

Post# 15558381

RE: Why the jump

Unlike most other stocks, this one has been holding up remarkably well recently at around 0.40.

So I think this is probably just the regular short covering, as we've seen many times before.

It doesn't change the fundamentals though. URE is well financed and there will be no future without Uranium.

Having seen what's happened elsewhere recently, I'm beginning to like this stock more and more.

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