Bullboard - Stock Discussion Forum Global Atomic Corp T.GLO

Alternate Symbol(s): GLATF

Metals & Mining Industrial Metals & Minerals

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... see more

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TSX:GLO - Post Discussion

Global Atomic Corp > Moved Over $3.00 - Buying through Merrill Lynch

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Post by lithomon on Jun 12, 2023 3:50pm

Moved Over $3.00 - Buying through Merrill Lynch

Uranium facility "construction" advances are likely picking up the pace at Dasa given the heavier buying through Merrill Lynch and stock appears to be settling back above $3.00, under steady accumulation in recent days.

Successful construction advances typically moves share prices in this business.

Given the highest Uranium grade in Africa, the "acquirers" are likely taking notice of Dasa's longer term Uranium supply fundamentals.

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