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EUROPEAN URANIUM RESOURCES LTD V.EUU

"European Uranium Resources Ltd is engaged in the identification, acquisition, exploration and, if warranted, development of mineral resource projects. Its projects are Kuriskova Uranium Deposit and Novoveska Huta uranium deposit."


TSXV:EUU - Post by User

Comment by Itsagusheron Mar 01, 2016 4:26pm
140 Views
Post# 24610488

RE:RE:NEWS!

RE:RE:NEWS!Given the perilous state the company was in it can only be regarded a massive winner. The grades (particularly for the silver) are exceptional and the deposits are at shallow depth in an area which is readily accessible even in winter (which is not that common in that part of the world). There's a two year hold period on the new shares, so the existing owners of the resource obviously share EUU's enthusiasm for its potential. All this comes at a time when the copper market is showing good signs of recovery and precious metals are flying.

The only thing which is unclear is when the shares will resume trading. Will it be before or after all the procedures and the balance of the fund raising are completed?
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