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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
Comment by imal4iton Apr 21, 2011 12:20pm
369 Views
Post# 18470066

RE: What's your plan?

RE: What's your plan?I agree with you NLOIL.  I have been buying U stocks for the past five years.  I have not sold any.  In fact I sold CM and KRB.PD last week to buy more U stocks.  I am long on uranium and I am sure it will recover and then some over the next year or two.  The nuclear disaster in Japan took a heavy toll on my portfolio but I feel much worse for the japanese people than for my finacial setback. It is only a setback and I am using it as an opportunity to increase my U holdings.  I have spread my holdings across UUU, URE, UEX, MGA and RSC. A lot of investors who claimed to be long, now appear to be daytrading. I would rather just wait it out and add to my existing holdings when I can.  Nobdy could have predicted this situation and it has hurt us all.  If I am wrong,  well I guess it will hurt a lot more. 
JMHO
Bullboard Posts