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 > RFC Ambrian on price catalysts

<< Previous

Bullboard Posts

Next >>

Comment by nopooon May 23, 2014 9:55am

146 Views

Post# 22591521

RE:RE:RFC Ambrian on price catalysts

'any price upturn will be courted by new low-cost supply from Kazakhistan'

Maybe not. Kazatomprom's CEO has said that production from Kazakhstan 'will remain flat.' He also added all expansion projects have been put on hold. Even Uranium One has cut its exploration budget by 50%, some US$165m.

Thats a huge window for URZ to exploit.

But it gets better as Kazakhstan based ISR mines are experiencing huge upwards cost pressures. They have mined ALL the low hanging fruit. Extremely deep high acid consumption ISR mines and cost inflation pressures are causing massive increased costs.

Kazakhstan grades are often at the lower end of the scale vs. its peers so this can be a real game changer.

Uranerz is perfectly positioned.

ttfn
nopoo