Energy Fuels Ord Shs T.EFR

Alternate Symbol(s): UUUU

Metals & Mining Industrial Metals & Minerals

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

Energy Fuels Ord Shs

Bullboard Posts

Comment by grox01on Jul 10, 2009 8:43am

353 Views

Post# 16129245

RE: RE: Why this selling?

Better wait in the low 20.

You have to remember that this co is not making money yet and not for at least 2 more years. On top of that, there will be millions of $$ (in the 100) needed for the construction of the mill.. where will it come from.. dillution or debt?

And if markets goes down.. like they are about to.. EFR could well be back in the 15 area.

Bullboard Posts

Global Tungsten Market and Supply Security