Laramide Resources Ltd T.LAM

Alternate Symbol(s): LMRXF

Metals & Mining Industrial Metals & Minerals

Laramide Resources Ltd. is a Canada-based company, which is focused on exploring and developing uranium assets in Tier-1 uranium Jurisdictions of Australia, United States and Kazakhstan. The Company’s portfolio comprises predominantly advanced uranium projects. In Australia, its 100% owned Westmoreland Uranium project is located in northwest Queensland and covers over 548.5 square kilometers (km2). Its tenements are contiguous and are located as a group approximately 400 km north-northwest of Mt Isa. The Murphy Uranium Project consists of 683.5 km2 of granted exploration tenure, which lies contiguous to and along the strike from its Westmoreland Project in northwest Queensland. In the United States, its assets include the Crownpoint-Churchrock Uranium Project, La Jara Mesa project in the Grants mining district of New Mexico, and an underground project, called La Sal, in Lisbon Valley, Utah. In Kazakhstan, the Company is exploring over 6,000km2 of the prolific Chu-Sarysu Basin.

TSX:LAM - Post by User

Laramide Resources Ltd

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Comment by cashcrunchon Jan 27, 2012 4:07pm

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Post# 19459319

LAM -realistic or optimistic ?

informative post. My concern is that it relates to Western Australia, and not Queensland where Lam operates. Going forward, article indicates that even in WEST AUS that there is a reluctance to grant permits to NEW MINES -- which is also the present case in Queensland. Article also highlights frustration of explorers which is ---why would you be allowed to explore for uranium if you are not allowed to mine it !

I have held LAM for 4 years, and govt has not changed stance on NEW uranium mines. I am concerned that March 24th in Queensland will solve nothing - regardless of what political party is in power -- will there ever be a policy that will permit operation of NEW uranium mines ? (i.e LAM)

So is it better to be realistic or optimistic with LAM ?

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