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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 Mar 13, 2011 3:19pm
199 Views
Post# 18278119

RE: Greedy Management

RE: Greedy ManagementYeah, that's sort of the one consolation prize I'm taking away from this.  We had momentum and a chance for long term holders to make some money and management just couldn't do this right and had to play scum financing with some investment bank.   These guys have always been like that, unfortunately, but it was unconscionable not to arrange a financing in the 1.10 to 1.20 region when we were flying high.  

As you say, karma got the suckers, sorry I didn't see it coming.

I'm wondering how bad the sell off will be tomorrow.  I mean you go from 1.50 to 83 cents just on their corrupt financing shenanigans and now the entire landscape has changed overnight.  I'm thinking a 35-50% haircut.
Bullboard Posts