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Uranium Energy Corp UEC

Uranium Energy Corp. is a uranium mining company. The Company advances in In-Situ Recovery (ISR) mining uranium projects in the United States and high-grade conventional projects in Canada. It offers two production ready ISR hub and spoke platforms in South Texas and Wyoming. These two production platforms are anchored by operational central processing plants and served by seven U.S. ISR uranium projects. Additionally, it has diversified uranium holdings, including uranium portfolios of North American warehoused U3O8; an equity stake in Uranium Royalty Corp., and a Western Hemisphere pipeline of resource stage uranium projects. The Texas Hub and Spoke Project includes Hobson Central Processing Plant (CPP), Burke Hollow, Goliad, Palangana, and Salvo. The Wyoming Asset Hub and Spoke In-Situ Recovery Project includes Christensen Ranch and Irigaray (Willow Creek), Moore Ranch, Ludeman, Allemand-Ross, and others. It also owns projects, including Henday Lake, Carswell, and Milliken.


NYSEAM:UEC - Post by User

Comment by BruceANOon May 21, 2023 12:46pm
45 Views
Post# 35458458

RE:Nobody is screwed by the UEX/ UEC merger deal👍🏾👍🏾

RE:Nobody is screwed by the UEX/ UEC merger deal👍🏾👍🏾I agree. In the 1970s there was a pivotal move into nuclear largely due to the OPEC oil crisis. The vast majority of reactors were built in the late seventies and early eighties. The accidents at Three mile island and then Chernobyl really put a kibosh on nuclear power. Here we are 50 years later with a global warming crisis which I believe is magnitudes worse than the OPEC oil crisis. New Reactors are incredibly safer than the ones built 40 or 50 years ago. An enormous increase in baseload power is coming down the pike due to electric cars. Renewable energy cannot supply this and conventional power plants using gas and coal are being shut down. Utilities look like they have overall increased capacity  but they are looking at a huge shortage of baseload power. I think sooner or later the world has to pivot back into nuclear generation in a big way. There is no other choice .If someone knows another alternative I’d love to hear about it and I’ll invest some money into that.
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