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Energy Fuels Ord Shs T.EFR

Alternate Symbol(s):  UUUU

Energy Fuels Inc. is a critical minerals company focused on uranium, rare earth elements (REEs), heavy mineral sands (HMS), vanadium and medical isotopes. The Company is a producer of natural uranium concentrate, which owns and operates several conventional and in situ recovery uranium projects in the western United States. The Company also owns the White Mesa Mill in Utah, which is the fully licensed and operating conventional uranium processing facility in the United States. The Company also owns the operating Kwale HMS project in Kenya. It is developing three additional HMS projects, including the Toliara Project in Madagascar, the Bahia Project in Brazil, and the Donald Project in Australia, in which the Company has the right to earn up to approximately 49% interest in a joint venture with Astron Corporation Limited. The Toliara Project is located in south-west Madagascar, 45 kilometers (kms) north of the regional town and port of Toliara.


TSX:EFR - Post by User

Bullboard Posts
Post by outfitteron Jun 23, 2009 12:45pm
511 Views
Post# 16091755

Re: Energy fuels and Magnum U.

Re: Energy fuels and Magnum U.With the EFR offer of .78 shares of EFR for each share of MM I would imagine that we may be price bound until the June 30 closing of this agreement. At the very least I don't believe this will be a catalyst for a further price decrease, although in these stormy market conditions nothing is out of the equation. Obviously the majority of institutional and retail holders of EFR are long at this point in our development, as we quietly await more positive news on the proposed mill development. Energy development the world over is in a period of metamorphosis and we can only wait and see what will evolve. My bet is that nuclear energy still has legs. I have been aquiring a position in EFR over the past few years as I see a first rate team led by Mr. Glasier that is patiently and consistently leading this company towards being a profitable U. producer. Good luck to all, and here is to hoping we get a chance to see the days of  $100 U. again    ---Outfitter---
Bullboard Posts