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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 StockHawk1on Oct 18, 2022 3:54pm
115 Views
Post# 35032248

buy the UUSA dip?

buy the UUSA dip?

For everyone interested in Uranium investing here is one company with US assets that I think could be undervalued. 


The uranium explorer, Kraken Energy Corp. (UUSA.c  UUSAF), made big progress on its Apex property all summer and is now fully premitted to drill 25 holes at its newly-acquired Garfield Hills Uranium Property.


Historical results from Garfield Hills are very promising, so I'm expecting good things from this drill program. More info here https://ca.finance.yahoo.com/news/kraken-energy-receives-drill-permit-113000850.html


Despite all this UUSA is looking pretty cheap after dipping today. 

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