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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 lilswedeon Jun 09, 2009 10:34am
400 Views
Post# 16054753

RE: RE: Casey says: URE to join 10-bagger club

RE: RE: Casey says: URE to join 10-bagger clubI'm starting to wonder if people/instituions etc feel there is no rush to buy URE now as they are not going to get their permit until early 2010, and then mining will start late 2010. Its all laid out for all to see, there will be no early permit or anything like that to cause excitement. Unless URE does some drilling to expand their reources, and they are supposed to be drilling this summer at Lost Soldier something like 90 holes (I think) but after the last results HAT had and the minimal pop it had, I'm not even sure good drill results will help push this s/p up. (I hope I am wrong.) Unless a takeout offer comes, or at least a rumor, we could be stuck here for a while.

Just my thinking. :-(
Bullboard Posts