UCORE's potential Uranium Income Source So Congress may soon pass a bill banning the import of Russian Uranium. On May 31, the House advanced the Prohibiting Russian Uranium Imports Act (H.R. 1042); and on May 17, the Senate advanced the Nuclear Fuel Security Act (S. 452). Considering that the majority of world Uranium is either mined or processed from Russia, or nations within the Russian sphere of influence (i.e. Kazakhstan, Uzbekistan), it has become a great imperative to maximize mining and processing of Uranium from domestic and friendly/reliable sources.
Where does UCORE fit into this, you ask?
Well, you remember on June 8, 2022, UCORE announced there had been inquiries about its little known Uranium deposit at Ross Adams (https://ucore.com/ucore-comments-on-uranium-and-recent-external-interest-in-ucores-ross-adams-uranium-mine-property/).
Who made those inquiries?
Do they want to buy the property?
For how much? 10 Million Dollars? 20 Million?
How soon?
You will note that a lot of Uranium companies have lately been getting their fair share of U.S. government dollars to secure Uranium production. I wonder if the pending Russian Uranium legislation might somehow work in Ucore's favor.
What do you all think?
:)