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Kraken Energy Corp C.UUSA

Alternate Symbol(s):  UUSAF

Kraken Energy Corp. is a Canada-based energy company advancing its portfolio of high-grade uranium properties in the United States. The Company is advancing its 100%-owned Apex Uranium Property, located 280 kilometers (km) east from Reno, Nevada, which is recognized as Nevada's past-producing uranium mine. The Company has additionally entered into an option agreement to earn 100% of the Garfield Hills Uranium Property. The past-producing Garfield Hills Uranium Property covers 1,238 hectares (ha) and is located 19 km east of Hawthorne in Mineral County, Nevada. It has also recently staked the Huber Hills Uranium Property, located 136 km north of Elko, Nevada, which covers 1,044 ha and encompasses the historic Racetrack open pit mine. The Company has also entered into an option agreement to earn 75% of the Harts Point Uranium Property. The Harts Point Uranium Property covers 2,622 ha and is located 49 km northwest of Monticello in San Juan County, Utah.


CSE:UUSA - Post by User

Post by waves1on Jul 25, 2022 3:44pm
76 Views
Post# 34849152

Michael Gentile & Peter Grandich on UUSA

Michael Gentile & Peter Grandich on UUSA

Michael Gentile and Peter Grandich on Kraken Energy ($UUSA.c $UUSAF): https://youtu.be/D6_ZcGg8yKc?t=1827
 
Both Gentile and Grandich believe the uranium market has a promising outlook going forward based on nuclear energy being considered green energy with widespread support throughout Europe. 
 
UUSA has significant room to expand the resource at Apex and is well financed going forward. Plus, the US needs 15M pounds a year to run its uranium plants and it currently produced none so there is going to be a big push for the US to get back into the uranium game.
 
Gentile emphasizes UUSA's solid management team, consisting of three senior executives from Next Gen Energy, one of the most successful uranium start-up companies that now has a $4B market cap! 
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