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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
Post by realtyon Aug 21, 2019 10:32am
90 Views
Post# 30050273

$$$ Per Ounce of Gold

$$$ Per Ounce of GoldTypically, gold in the ground is paid for at a price of $100 per ounce, although this is an atypical situation. If a company were to try and purchase NVDEF completely instead of just the South Grass Valley project, the price for NVDEF would be much higher than a valuation of $100 per ounce. Also, typically in these situations there is usually a lot of emotions running crazy and folks trying to get a piece of the action and company. Let's take for example NOVO Resources. They projected that they had made a discovery of 10 million ounces or so and folks were paying $300 an ounce for the company or more (at least that is what I read by an analyst that did a recent article on the company). We all don't really know how this will play out, who will be a buyer, and if the shareholders will sell. There is probably a few percent of the company owned by shareholders right here on this board. I read an article by Wade Hodges from 4 years ago or so and he talked about finding a discovery in this situation. He acknowledged that there would be a rush to stake all of Nevada. Part of the reason that he collected all of the water samples on the front side was to have the advantage of knowing where to stake and beat everyone to the good spots. He talked about protecting shareholder value and increasing it with this strategy. He said he could just find one location and prove his theory, but then everyone would stake everything before they could do it again. This is why he took all of the groundwater samples on the front side. Management's plan is to sell South Grass Valley and to move on to the next spot and continually returning more value to the shareholders with new discoveries. Realty
Bullboard Posts