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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
Post by rofion Feb 07, 2011 1:13pm
660 Views
Post# 18087718

Today's Bought Deal

Today's Bought DealURE is too small to be bought out right now. I'm sure Cameco has no interest in the, management integration hassles and legal fees of a 300 million dollar company. Eventually it will be bought out, but the company won't look like it does now - it will need to be bigger, which means it will have to do things that many current shareholders who view this investment as two dots connected by a straight line won't like, such as merge or combine with other similar companies, especially companies in the region, and it may even wind up with a different name. The 30 million is a necessary part of that. To see the stock drop a mere 10 cents after an increase in shares of 30% or whatever says more about the prospects of this company than the speculative run-up of the past couple of months. Two thirds of the current volume occurred in the first half hour and the price has been stable ever since. The kids are now out of it. Get a grip folks.
Bullboard Posts