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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 Jun 08, 2022 12:47am
422 Views
Post# 34739130

GLO Moving Again - Uranium Price Higher

GLO Moving Again - Uranium Price HigherThe right timing as Global Atomic develops Higher Grade Uranium mine & Uranium processing facilities construction is imminent.

Investors can reasonably begin to envision Uranium "yellowcake" production. 
Either eventual onsite processing or initially locking-in custom processing agreement at nearby Uranium operation and shipping higher grade Direct Shipping Uranium ore ("DSO" Uranium ore).

With Goldman anticipating $160 oil and likely to overshoot towards $180 - $190, without question, Green Energy Uranium, Lithium (and niobate rapid charging anode catalysts, etc) is clearly the energy solution for the near & longer term decades. 
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