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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 May 25, 2021 7:05am
321 Views
Post# 33258585

Upside $25 - $35

Upside $25 - $35Anything is possible once producing from the higher grade Uranium zones now drilling or soon to be drilling.

In the near term, I was thinking the next wave up is around $3.75 to $4.

Then again, look at NFG, already around $12.00 based on drill results.  Aggressively drilling North to expand further gold discovery, almost heading in the direction of a junior, junior less than 1 km away & trading in the pennies with Gold-in-soil anomalies.

What GLO is to Uranium, NFG is to Gold, so, plenty more price upside for GLO.
 
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