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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

Comment by bottomtrawler01on Dec 31, 2020 3:50am
238 Views
Post# 32201728

RE:Setting Higher highs in recent days - China's Reactor Build

RE:Setting Higher highs in recent days - China's Reactor Build
I definitely agree. However, let's not forget the Areva mine 45 miles away that is closing March/2021. Perfectly good mill that can likely be moved. Maybe global atomic buys the mill or maybe Areva buys Dasa and moves the mill. Unless.... considering Roman's age and history, he could be legacy oriented and decides to develope the mine and company. So many possibilities with this company. Whatever happens, I think both long and short term investors will be pleased.
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