Strathmore Minerals Corp STHJF

HEU ending in Nov.

[easyryder]

The HEU agreement ends in Nov.. Interesting comments on EFR going forward.
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One must remember many of these exploration targets are far from production and cash flow. Keep a close eye on advanced projects like the U.S. producers. The HEU agreement is to expire in the end of 2013, leaving the U.S. in a deficit of 24 million pounds. As most uranium investors know, the U.S. only mines about 4 million pounds and consumes 55 million pounds. So we think this area of the sector, the U.S. producers and near-term producers, will experience unbelievable growth including Cameco; Uranerz, which has a strategic position in the Powder River Basin right between Cameco’s two operating mines; Ur-Energy, which just commenced production at Lost Creek in Wyoming last week; Uranium Energy Corp. (NYSEMKT:UEC); and Energy Fuels Inc. (TSX:EFR), which just acquired Strathmore Minerals Corp. (TSX:STM), is going to become a major player over the long-term.
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https://wallstreetsectorselector.com/2013/08/once-in-a-lifetime-opportunity-in-the-uranium-mining-sector/#