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.

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Latitude Uranium Inc > LUR undervalued ?

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Comment by PGMmanon Jul 10, 2023 8:43am

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Post# 35533303

RE:RE:RE:LUR undervalued ?

Like I said, those are extremely low values of uranium pounds. Valuing them at $5 or $10 a pound is even conservative. This stock should be 3-5x higher based on all the pounds they have. Mettalurgy looks great. Structurally controlled means very small footprint to mine this deposit. Also, the molybdenum grades are world class. If that can be mined too it will be a world class deposit.

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