URZ3 Energy Corp URZ

Primary Symbol: V.URZ Alternate Symbol(s): NVDEF

Metals & Mining Gold

URZ3 Energy Corp., formerly Nevada Exploration Inc., is a Canada-based exploration company. The Company has also diversified its interest into Uranium. It is engaged in the acquisition, exploration, and development of resource properties. It owns approximately 35,467 hectares of mineral claims in Saskatchewan. Its projects include South Grass Valley, Kelly Creek, and Awakening. The South Grass Valley Project is located approximately 50 kilometers (km) south-southwest of Barrick Gold Corp.'s Cortez complex, within the specific region of north-central Nevada. The Kelly Creek Project is located approximately 40 km north-northwest of Battle Mountain in Humboldt County, Nevada. The Awakening Project is located in Humboldt County, Nevada, 50 km north-northwest of Winnemucca, and 4,000 meters north of the 4.8-million-ounce Sleeper Gold Mine. The Company controls a large strategic land position in the central Powder River Basin of Wyoming and operates the Nichols Ranch ISR uranium project.

TSXV:URZ - Post by User

URZ3 Energy Corp

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Post by nopooon May 06, 2014 11:52am

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Post# 22529232

URZ is a profitable production story

We're in production and making money selling into our offtake agreements which are good for quite a while yet.

ISL is the cheapest form of U production and our offtake agreements are priced @ $55lb, all in costs are likely in the range of current U spot price - need first full quarterly production numbers to get it exact.

We'll be ready to ramp up production when utilities start locking in long term contracts.

Meanwhile we sit in a very enviable position. URZ is, imo, a very good Co. to be accumulating.

ttfn
nopoo

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