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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
Post by PUNJABIon Oct 15, 2013 12:39pm
349 Views
Post# 21816893

52 week Low

52 week Low
All U stocks are suffering & will continue to suffer. There might be a small / tight UUU payout trade. After that tax loss selling in full swing. U stocks are suffering becasue of U post prices. Do not see any improvement in short term.

2 nd trade would be tax loss selling.

I saw some post that there is a meeting on Oct 30 for revrse split. I did not see that news does not show up on any of my patforms. If they are going to do a reverse split then it should be  1 to 5 or maximum 10 not more than that. First they should avoid reverse split for a few years till U prices rebound. If they do a reverse split of 1 to 50 the present shareholders are cooked.

I to 5 will take the share price to about $.65 10 to $1.30 The stock price a dollar will work in the present conditions. But 1 to 50 will take the price to $6.50. That price is not sustainable for the share price. From $6.50 with very few shares still the stock will drift. Some of the penny traders investors will wait a long time till the stock get beaten up really bad. The float will also become too small just 20m shares










Bullboard Posts