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First American Uranium Inc (URM)

CSE
Currency in CAD
Disclaimer
0.06
0.00(0.00%)
Closed

URM Comments

Announcement of URM shares now having DTC eligibility enhances liquidity and means the shares are now more accessible to investors. Furthermore the upgraded listing provides even more exposure in the US market. With Uranium spot the way it is, this is an appealing opportunity for entry into potential of multiple advance stage uranium projects.
Macro trends in the industry continue to support uranium and nuclear production. For example, India approved five new nuclear power plant sites and financing to build ten 700-MW nuclear reactors with plans to triple current nuclear energy production. Will be interesting once exploration starts here.
These guys have the most potential in the industry when considering both the valuation and properties. Nuclear is coming back as the world looks for cleaner and more efficient energy alternatives. With the solid demand outlook uranium isn't something to be overlooked.
Just watched a recent interview (on Proactive) with the newly appointed URM CEO, Shawn Balaghi. I really like the opportunity with this company, one of the lowest valuated uranium companies on the market with a strong potential via their flagship Red Basin in becoming an advanced stage project.
The recent achievement of initial criticality in a US nuclear reactor - the first since 2016, is a significant signal for the potential of increased demand and investment in domestic nuclear energy. Thinking this company and its strategic domestic projects have serious potential especially with Red Basin in New Mexico. Previous historical studies here have estimated the uranium resource between 1.6 and 6.5 million pounds U3O8 with confirmed presence of uranium and vanadium deposits. Really looking forward to URM's progress IMO.
Probably one of the best-performing juniors in the industry over the past month. They've got 2 promising projects in an industry poised for growth. Definitely, a lot to look out for as the uranium market continues to develop.
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