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.

TSX:URE - Post by User

Ur-Energy Inc

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Comment by konzelmannon Apr 15, 2009 8:01pm

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Post# 15921296

RE: Moving up nicely.

URE is still the most undervalued of my 'top picks' in the uranium sector. We should be able to move to $1 or more in the near future as long as the market behaves.

These days I still put a high value on money in the bank because that buys safety until the market heals. URE is really in a great situation with an extremely healthy balance sheet. You'd be hard pressed to find another similar company with a a stronger balance sheet. If people are looking for safe plays with high upside, URE is perfect.

It's a triple (or better) when the market heals and the price of uranium recovers. High upside, very little downside, you'd be hard pressed to find a better play.

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