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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
Comment by jefftrade11on Oct 23, 2016 11:00pm
130 Views
Post# 25376783

RE:RE:RE: other companys distrest and repeated opinion

RE:RE:RE: other companys distrest and repeated opinionYeah I think it will definitly show at some point, the question is, how long are we willing to wait for it? and are the companies you're invested in actually going to survive and be around to see that hay day? Thats why I've tried to focus on companies like this which are actually producers, and currently make revenue. It's the safest way to ride out the storm. Speculative plays like undeveloped deposits will have their fun once things get rolling in the market, but until then, they only spend money, not make money, and they may never ever get developed. I think the healthiest thing for this sector would be to see alot more M&A action. The herd has been thinned quite a bit from previous boom years, but I think there's still more trimming needed. The fact remains that there is X amount of Uranium currently in production, and Y amount of demand. So weather or not that X production comes from 10 companies, or 5 companies, it doesnt change the total amount produced. The differnce is if there's less companies at the bargaining table trying to sell their product, they won't all be cutting each others throats as much to make sales, less competition = higher prices. So let's hope some of the stronger players start eating up the weaker ones, and stop the fire sale pricing.
Bullboard Posts