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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 miningboomon Dec 20, 2017 2:12pm
142 Views
Post# 27198076

RE:How Is Our Reserve Picture

RE:How Is Our Reserve PictureDepending on which others you're referring to, there's probably a decent explanation.  Beyond the fact that it's a low-cost ISR company with significant production capacity, it also sits on a lot of Vanadium.  Vanadium prices have been doing quite well lately.  In addition, the acquisition of its Titanium property should also be extremely accretive over the upcoming year.  If you listen to Adnani's presentations, there's one where he explains that the Titanium project alone should equal the current total market cap of the company into 2018.  So it's looking pretty decent. 
Bullboard Posts