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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

Post by 17Diggeron Feb 05, 2024 8:17pm
139 Views
Post# 35864346

SASK CEO speaks of Thelon Basin and Latitude's Angulak

SASK CEO speaks of Thelon Basin and Latitude's AngulakGo to the 14 minute mark to hear Troy Boisjoli of Ataha Energy speak of the wonderful Angulak deposit that Laitude has in the Thelon Basin.
https://www.youtube.com/watch?v=KFLvr7dzyAw

It is 43.3 million pound of U aready which is 43 million / 243 million shares = over 1 pound of U for every 6 shares of Latitude Uranium today..

So, 6 shares currently have about $100 US of spot price U which must be discounted to a pounds in the ground prce.

Easy math deeply discounting it to $6 C a pound in the ground gives you $1 C a share already in value (though I think it is much higher than that)..
And this does not count the $10 million C in cash Latitude now has - or the many eastern assets Latitude owns in Labrador at projects such as Mustang Lake.

Latitude Uranium is a valuable company in this uranium boom and it can only grow more valuable as it grows its uranium pounds in the ground as nicely as this interview with Troy Boisjoli discusses. .

Do you want to give all this away for about 35 C cents per share in what I see as a low price take over of high value assets?
 
Do your diligence and then let us know what value you place on Latitude's assets today.  Is it worth more than about 35 cents C. now and where will a U bull market take as it grows ever larger amounts of U in the ground?

Also watch this other video of the CEO of Latitude, John Jentz, telling us in late November 2023 how valuable Ltitude Uranium has and how bright a future it has. SEE him at https://www.youtube.com/watch?v=aXmaMK6OlgE
This video was put out not long before U jumped to $100 US a pound so Latititude Uranium is even more valuable now. 

John Jentz tells you in this video how, if necessary, he could easily mine 2 million pounds of U a year with his present high grade mine at Angulak and that is before even growing its pounds in the ground. He says in the Novenmber video that Angulak is 3 to 6 years to produciton.

This is a very good video that John Jentz put out - make a few notes on what he says and decide for yourself what Latitude Uranium already has.

These two CEOs are both telling you in these recent  videos how valuable Angulak is - - just watch these two presentations and see for yourself.

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