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URZ3 Energy Corp V.URZ

Alternate Symbol(s):  NVDEF

URZ3 Energy Corp., formerly Nevada Exploration Inc., is a Canada-based exploration company. The Company has also diversified its interest into Uranium. It is engaged in the acquisition, exploration, and development of resource properties. It owns approximately 35,467 hectares of mineral claims in Saskatchewan. Its projects include South Grass Valley, Kelly Creek, and Awakening. The South Grass Valley Project is located approximately 50 kilometers (km) south-southwest of Barrick Gold Corp.'s Cortez complex, within the specific region of north-central Nevada. The Kelly Creek Project is located approximately 40 km north-northwest of Battle Mountain in Humboldt County, Nevada. The Awakening Project is located in Humboldt County, Nevada, 50 km north-northwest of Winnemucca, and 4,000 meters north of the 4.8-million-ounce Sleeper Gold Mine. The Company controls a large strategic land position in the central Powder River Basin of Wyoming and operates the Nichols Ranch ISR uranium project.


TSXV:URZ - Post by User

Bullboard Posts
Comment by realtyon Nov 27, 2018 10:14pm
40 Views
Post# 29031099

RE:RE:You Asked

RE:RE:You AskedBackspace, That is exactly my point. Keep your eyes wide open, research, understand the opportunity for winning and failing here. Someone asked why the stock hadn't taken off yet and I think this is my answer to this question. The company has had very similar projects in the past with a tremendous amount of positive momentum that ended in failure. Your points are very well taken. This management team is in control of this drilling program and they have new technologies to utilize and if successful they can go back to the old projects and vector in on the gold. Good point about Twin Creeks as well! If they had the groundwater chemistry tools, maybe they hit the deposit in a few holes or more. I think they will find the gold here at SGV, but we are going to have some folks sell like day traders and nervous retail folks. The stock will trade sideways for a short time most likely until we have another news release or a Geologist (or maybe Kaiser or Preston) tell us how things are going with what we are seeing in the drill core. Shells, kudos to you for calling out them staking the northern part of the property. Are you talking with the James B or getting info from Kaiser? I know Kaiser talks with James B. every single week and Gwen communicates with them often as well. The surveying and staking probably cost a significant amount of money to get done. They had to physically go out there are survey and drive stakes in the ground to mark the claims, which isn't cheap. Then they had the costs of filing everything with the Nevada Division of Minerals and Lander County, Nevada. I am guessing this maybe cost them 150k maybe. I know my surveyors cost me roughly $3,500-5,500 for anything that I want them to survey and produce a plat for and stake and that is just one property. They filed 55 claims or so if I remember correctly. So you do the math. Maybe they got a deal. Realty
Bullboard Posts