Myriad Uranium Corp V.M

Primary Symbol: C.M Alternate Symbol(s): MYRUF

Myriad Uranium Corp. is a Canada-based uranium exploration company. The Company holds 75% interest in the Copper Mountain Uranium Project in Wyoming, United States. Copper Mountain hosts several known uranium deposits and historic uranium mines. The Company holds exploration license 10577 in the Province of Nova Scotia. The license is comprised of 80 mineral claims covering approximately 1,280 hectares known as the Millen Mountain Property. The Millen Mountain property has Meguma-style gold deposits including tightly folded meta-sediments, alteration minerals and abundant quartz veining. The Company holds 80% ownership of over 1,800 square kilometers (km2) of uranium exploration licenses in the Tim Mersoi Basin, Niger (Loxcroft Properties) with the option to earn up to 100%. The Company also holds The Midnight Prospect, which consists of 798 acres. The Company holds Bonanza and Kermac/Day uranium mines at Copper Mountain.

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Myriad Uranium Corp

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Post by nini222on Aug 14, 2017 3:19pm

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Post# 26579733

Why is this taking a beating?

Anyone know why this is down over 30% in the last 3 months? Seems like it started when they pulled a equity offering over lack of demand (seemed quit amateurish to announce a equity offering then pull it with 2 days!)...I guess we will find out tonight when they release their earnings if this decline is justified. Very disappointing year for the equity holders so far with the price back below when they announced the fairfax deal + 3 non-western focused acquisitions in Mackow/Bassi/Cedar.

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