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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 pickinbottles1on Jul 12, 2012 11:38am
231 Views
Post# 20106903

RE: WHY?

RE: WHY?

Blue,

A couple of things that come to mind after reading your post (which seems to imply URE is performing the worst of all in the uranium sector):

* general markets suck

* for many investors URE is still considered highly speculative. This is about to change.

* a peer comparison clearly shows URE is performing in the middle of the pack. This is where I would expect them to be until the final permit is granted. Here is a link showing the peer comparison. In case it doesn't work the companies I used are: CCO, PDN, UUU, DML, URZ, DML.

https://www.vantagewire.ca/company?symbol=URE:CA

*URE is heavily owned by institutions. Over 30% institutional ownership is very impressive. Take a look at this link to see this institutional ownership AND click on the "movers" tab to see the impressive buying and weak selling.

https://markets.ft.com/Research/Markets/Tearsheets/Business-profile?s=URE:TOR

* insiders are buying and Klenda in particular is someone that an investor can use as a "lead". He owns a pile of URE shares that he has bought on the open market!

* URE is very close to receiving it's final permit and moving from a speculative explorer to a producing uranium company.

* I started buying back into URE in May and continue to buy at these levels. Blackrock and Klenda buying gives me the additional confidence I need.

DYODD And GLTA

Pickinbottles

Bullboard Posts