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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
Post by shakerman640on Jan 23, 2015 10:06pm
152 Views
Post# 23358355

CIBC Whistler Institutional Investor Conference: Cameco

CIBC Whistler Institutional Investor Conference: CamecoTim Gitzel, Cameco Corporation's President and CEO, addresses the CIBC Annual Whistler Institutional Investor Conference.
 
January 22, 2015
 
4:30 p.m. EDT
 
Whistler, BC
 
Audio
 
2014 CIBC Annual Whistler Institutional Investor Conference (28:56)
 
https://s3-us-west-2.amazonaws.com/assets-us-west-2/audio/cibc_whistler_investor_2014.mp3
 
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https://www.620ckrm.com/ckrm-on-air/ckrm-local-news/7459-uranium-producers-continue-to-sruggle-with-low-prices
 
Uranium Producers Continue to Sruggle With Low Prices
 
Published: 23 January 2015
 
The oil market has seen a decline for about 3 months, but Cameco's CEO says the uranium industry has seen dropping prices for more than 3 years.
 
Tim Gitzel told a conference in Whistler, BC, that the nuclear meltdown in Fukushima more than three years ago continues to have a ripple effect on the industry, and many companies have struggled with the drop in prices.
 
Gitzel says it will be a tough test for Cameco in both the short and medium terms while they wait for Japan to restart two reactors and construction continues on 70 reactors in Asia.
 
He says one of Cameco's advantages is that they made a 50-dollar a pound contract with some companies, assisting them if there's another drop in the markets.
 
In the long term, however, Gitzel is optimistic. He says the current market trends, where demand grows, supply stays flat and there isn't an increase in pricing, will eventually turn around.
Bullboard Posts