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Global Atomic Corp T.GLO

Alternate Symbol(s):  GLATF

Global Atomic Corporation is a Canada-based company, which provides a combination of high-grade uranium mine development and zinc concentrate production. The Company operates through two segments: the Uranium Business and the EAFD Business. The Company’s Uranium Business activities presently take place in Niger, Africa. The Uranium Business segment includes four deposits with the flagship Dasa project. The Dasa project is a high-grade uranium deposit that lies within the Adrar Emoles III licence area, approximately 105 kilometers (km) south of the established uranium mining town of Arlit, in the Republic of Niger. The Company Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. (BST) Joint Venture, which operates a zinc production plant, located in Iskenderun, Turkey. The plant recovers zinc from Electric Arc Furnace Dust (EAFD) to produce a high-grade zinc oxide concentrate which is sold to zinc smelters around the world.


TSX:GLO - Post by User

Post by lithomonon Nov 24, 2023 2:47am
355 Views
Post# 35751048

Morgan Stanley Client Buying

Morgan Stanley Client BuyingNoticed a Morgan Stanley client(s) putting some funds to work during Thursdays trading session, actively on the Buy side of GLO and FL. Perhaps that could also be GLO planning a forward looking strategy of acquiring a "high grade" Lithium energy division with FL only a few years away from production if Steve Roman ever got his hands on the Lithium assets for GLO. Zinc - Uranium - Lithium, an interesting mix in the enviro friendly energy outlook.
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