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Global Atomic Corp T.GLO

Alternate Symbol(s):  GLATF

Global Atomic Corporation is a Canada-based company, which provides a combination of high-grade uranium mine development and zinc concentrate production. The Company operates through two segments: the Uranium Business and the EAFD Business. The Company’s Uranium Business activities presently take place in Niger, Africa. The Uranium Business segment includes four deposits with the flagship Dasa project. The Dasa project is a high-grade uranium deposit that lies within the Adrar Emoles III licence area, approximately 105 kilometers (km) south of the established uranium mining town of Arlit, in the Republic of Niger. The Company Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. (BST) Joint Venture, which operates a zinc production plant, located in Iskenderun, Turkey. The plant recovers zinc from Electric Arc Furnace Dust (EAFD) to produce a high-grade zinc oxide concentrate which is sold to zinc smelters around the world.


TSX:GLO - Post by User

Post by lithomonon Dec 23, 2020 7:28am
321 Views
Post# 32167595

Imminent Uranium Shortage

Imminent Uranium ShortageExcellent overview Napalm & sheds further light on the relatively quiet rise in GLO's share price.

When there isn't much talk about it, that's when you know the deep pocket money is quietly loading up shares.

Noticed GLO touched another new 52 week high in Tuesday's session.

Could this be the company the Roman family brings to $10 or $12 before even thinking about entertaining any buyout discussion on this rather significant Uranium resource/deposit-mine.

Likely very close to announcing Green Light on mining approvals & China standing by, to satisfy it's Uranium needs for aggressive Reactor build program.
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