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Premier American Uranium Inc V.PUR

Alternate Symbol(s):  PAUIF

Premier American Uranium Inc. is focused on the consolidation, exploration, and development of uranium projects in the United States. The Company has land holdings in three prominent uranium-producing regions in the United States: the Grants Mineral Belt of New Mexico, the Great Divide Basin of Wyoming and the Uravan Mineral Belt of Colorado. It owns a 100% lease-hold interest in the Cebolleta Uranium Project located within the Grants Mineral Belt of New Mexico, United States. The Great Divide Basin of south-central Wyoming is the site of the Company’s Cyclone Uranium Project. The Cyclone Uranium Project covers approximately 25,500 acres comprising of 1,061 claims totaling 21,220 acres and seven state leases covering 4,280 acres. In the Uravan Mineral Belt of Colorado, it has projects, including Monogram Mesa project, the Atkinson Mesa project, and the Outlaw Mesa and Slick Rock projects. The Monogram Mesa project covers approximately 7,431 acres and consists of 361 mining claims.


TSXV:PUR - Post by User

Post by Ricksterh1on Jun 27, 2018 2:42pm
51 Views
Post# 28238841

Don't see much happening...

Don't see much happening...Don't know how this management team built value in another company. There has been no follow through since the placement. This present placement was done at substantially lower prices than the financing proposed earlier in the spring and then cancelled. This financing at .18 cents versus earlier at .25 doesn't give me much comfort in management. As well, they have had plenty of time to get a work plan together and no updates after the financing means???? What are they actually doing? They have 4 months to get the stock price up before this financing comes flying back at them, knocking the stock price down again. Come on!! You guys have a nice little conversation going trying to bring interest into the stock but there should have been a plan to clean up the stock after the PP and to move it higher. Why place stock if there is no market management with it? The street seemingly cares less about this play, both in Australia and in Canada now. There is precious little info or results coming out. Its a snail like pace. Novo, the main focus, has only put out results from 2 bulk samples of 7 tons each over the space of 3 months? What is NXN going to do that is different than what NOVO is doing? Stock is at .18 cents. A supposed over subscribed Placement but no buying in the market. Good luck guys but this stock seems dead in the water!!
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