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Latitude Uranium Inc C.LUR

Latitude Uranium Inc., formerly Labrador Uranium Inc., is a Canada-based exploration company. The Company is engaged in the exploration and development of two district-scale uranium projects in Canada. Its primary focus is expanding the Angilak resource base. Its Angilak project is located in southern Nunavut and covers approximately 68,552 hectares (ha) with a property that is over 40 kilometers (km) long by 20 km wide. It is also advancing the Central Mineral Belt (CMB) Project, which is situated in the prolific Central Mineral Belt in central Labrador adjacent to the Michelin Deposit, with numerous occurrences of uranium, copper and potential Iron oxide copper gold ore deposits (IOCG) style mineralization. It covers approximately 152,825 ha in the prolific CMB in Labrador, including the Moran Lake Project, the Anna Lake Deposit and the Mustang Lake Project. The Anna Lake Deposit is located over 35 km southwest of Postville, and 15 km northwest of the Michelin deposit.


CSE:LUR - Post by User

Latitude Uranium Inc > LUR undervalued ?
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Comment by PGMmanon Jul 10, 2023 2:09am
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Post# 35533128

RE:LUR undervalued ?

RE:LUR undervalued ?It's very undervalued. They are only getting $1 for every pound in the ground. Also, the resource is much more than 44m lbs. The resource estimate is from 2013 and much more drilling has been done since then. It's probably more than 50m lbs. by now. There is known mineralization all around the resource that will easily get this to 100m lbs.
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