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Bullboard - Stock Discussion Forum First American Uranium Inc FAUMF


Primary Symbol: C.URM

First American Uranium Inc. is a Canada-based exploration stage junior mining company. The Company is engaged in the identification, acquisition and exploration of mineral properties in North America. The Company’s projects include Silver Lake Property and Red Basin Uranium/ Vanadium. The Silver Lake project is an exploration stage project approximately 30 kilometers (km) southeast of Houston... see more

CSE:URM - Post Discussion

First American Uranium Inc > Great time for entry into URM
View:
Post by XeniaTechie on Mar 17, 2023 12:48pm

Great time for entry into URM

The recent achievement of initial criticality in a US nuclear reactor signals the potential for increased demand and investment in nuclear energy. First American Uranium Inc. is an emerging uranium explorer in the growing uranium market, with a strategic domestic project in the Red Basin region of New Mexico. Previous studies have estimated uranium resource on the property between 1.6 and 6.5 million pounds U3O8, with confirmed presence of uranium/vanadium deposits. Led by an expert team and with a focus on becoming part of the American domestic uranium supply solution, First American Uranium may provide an exciting opportunity for uranium investors. https://www.wbur.org/hereandnow/2023/03/09/nuclear-reactor-georgia 

 
Comment by waves1 on Mar 17, 2023 2:15pm
I agree it's a great entry time, URM is debt free with a great share strucrture and has one of the lowest market valuations for any uranium company
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