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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
Comment by thamnosmaon Feb 09, 2011 11:29am
364 Views
Post# 18101555

RE: RE: RE: NR

RE: RE: RE: NRNope, no idea on time.  This comes as zero surprise and the Company expected legal challenges all along.  You've got some late arriving speculators or "traders" selling their positions out of the usual ignorant panic to take their dime profits.   If you have followed the history of EFR and know anything about the environmental movement in the US, you knew this was coming.  It has the potential to delay the mill for months or even into the years, you need to know that.  I suspect the powerz that be have green-lighted EFR, so maybe it will go faster, but all it takes is one corrupt leftist judge (and there are hundreds) to put an initial cobosh on the license (thank you Bill Clinton, Obama, etc).   Usually the groups file with a judge they know will rule their way even if the challenge has no merits whatsoever.   It then must be appealed and therein lies the potential for lengthy delays.

It's unfortunate as I was like all of you wishing they would just go away.   However, if may afford a chance to purchase more stock if you are confident in the outcome.
Bullboard Posts