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Ur-Energy Inc URG


Primary Symbol: T.URE

Ur-Energy Inc. is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. It is focused on uranium recovery and processing operations, in addition to the exploration for and development of uranium mineral properties. Its land portfolio in Wyoming includes 12 projects. 10 of these projects are in the Great Divide Basin (GDB), Wyoming, including its flagship project, Lost Creek Project. It controls nearly 1,800 unpatented mining claims and three State of Wyoming mineral leases for a total of approximately 35,400 acres at its Lost Creek Property, including the Lost Creek permit area and certain adjoining projects which it refers to as LC East, LC West, LC North, LC South and EN project areas (collectively, with the Lost Creek Project, the Lost Creek Property). Its Wyoming properties together total approximately 48,000 acres and include its Shirley Basin Project.


TSX:URE - Post by User

Bullboard Posts
Post by inviolablspiriton Jul 13, 2019 1:00am
289 Views
Post# 29916340

The decision is... delayed for 90 days

The decision is... delayed for 90 daysTrump has delayed the decision for another 90 days as he has ordered a new review by a group of Federal agencies.  Trump wrote that while findings  "raise significant concerns" he was ordering a deeper review.  "A fuller analysis of national security considerations with respect to the entire nuclear fuel supply chain is necessary at this time." 

So at this point it's a delay on his decision; nothing more, nothing less.

I figure this decision was a no brainer, but than look who we're dealing with.  It's amazing that Trump will rant and rave about Hilary Clinton and Uranium One continually, saying she sold the United States' uranium supply out to the russians, but than he delays his decision on that same metal that clearly needs desperate attention in regards to national security from the Russians.  

I guess we will soon find out in 90 days if he is clearly in the back pocket of Putin. As no quota is exactly what Putin wants. In addition to that If trump doesn't put on a quota than his favorite Hilary chant to "Lock her up" would no longer be relevant, as no quota for the uranium companies would do a far greater damage to American security than what he accuses Clinton of doing.   But than Trump is known to be a lier and hypocrite... and his base loves him for it.  

There are a number of republicans backing the quota along with the DOC.  It is my understanding that the Russians backed the lobbyists for the utilities. There is no possibly way that a 25% quota would affect the utlities in any way.  Uranium could go up to $200/lbs and the cost would be negligible... even at a higher quota.  In the end Trump will eventually put on a quota.  It just won't be 25%.   

 
Bullboard Posts