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Last Post: 12/8/2007 9:43:35 PM - Followers: 4 - Board type: Free - Posts Today: 0

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ EMC desires to become the largest Uranium miner in the United States. Following a recent merger between three well placed and regarded Juniors in uranium mining and production it would appear that the new entity could find itself in a position to take a run at that ambitious goal. From Corporate Releases the following statements are gleaned: "Energy Metals Corporation is a Canadian listed company involved in developing resources to power the 21st century. The Company has adopted a corporate strategy to focus on the acquisition and development of uranium assets in politically favorable and mining-friendly jurisdictions within the United States to take advantage of the continuing growth in the U.S. and worldwide of demand for electrical energy. This increasing consumption is occurring at a time when uranium mine supplies are dwindling and inventories are being depleted. "The Company is targeting advanced uranium prospective properties in Wyoming that are amenable to ISL (in-situ leaching). This form of uranium mining was pioneered in Wyoming. It utilizes water wells and oxygen-fortified groundwater to mine the uranium in place. Energy Metals Corporation is also actively advancing other conventional mining and ISL opportunities for uranium properties in the States of Utah, Nevada, Oregon, Arizona and South Dakota." PROJECTS Advanced Stage Projects • Wyoming Great Divide Basin AC Claim Block Antelope Property BL Claim Block CD Claim Block Cyclone Property DW Claim Block EC Claim Block Jab Property JK Claim Block KM & KME Claim Blocks OZ Claim Block RM Claim Block Twin Buttes Property Western Sheep Mountain Powder River Basin Moore Ranch Nine Mile Lake Property Peterson Property Shirley Basin Red Rim Property • Oregon • Utah • Arizona • New Mexico Development Projects • Wyoming • Utah • Arizona • Nevada • South Dakota ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ What is not fully comprehended by the investing public yet is that "EMC wants to produce quickly. There is no other reason for paying a premium for that (recent acquisition) experience as it holds little cache with the markets. As for 43-101 compliance I would think this would be a goal too. I expect this entity will be trying for an AMEX listing as quickly as they can meet listing requirements." (part remark taken from a post by trosh1 on the Uranium Exploration board of iHub) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SHARE STRUCTURE TSX Venture Exchange Symbol: EMC Information as of Nov 04,2005 Current Issued and Outstanding Shares: 26,859,872 Options: Stock Options at $0.35(exp Jul 20/06) 225,000 Stock Options at $0.65(exp Aug 04/06) 12,500 Stock Options at $1.48(exp Nov 26/06) 825,000 Stock Options at $1.70(exp Jan 21/07) 87,500 Stock Options at $2.50(exp Mar 17/08) 50,000 Stock Options at $2.40(exp May 13/07) 122,000 Warrants: Warrants @$1.50 (exp Apr 21/06) 675,000 Warrants @$1.50 (exp May 16/06) 87,500 Warrants @$2.00(exp Feb 07/07) 1,115,000 Warrants @$4.00(exp Apr 19/07) 2,105,263 Fully Diluted Shares: 32,743,424 Transfer Agent: Pacific Corporate Trust Company Address: 625 Howe Street, 10th Floor Vancouver, British Columbia Canada V6C 3B8 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ COORDINATES http://www.energymetalscorp.com/s/home.asp ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ FILINGS EMC FILINGS & PUBLIC DOCUMENTS with SEDAR . http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00005575 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ RECENT NEWS RELEASES Energy Metals in Exclusive Negotiations Regarding Potential Sale of Company May 18, 2007 3:59pm ET Energy Metals Corporation (TSX:EMC)(NYSE Arca:EMU) announces that it is in exclusive negotiations with respect to a potential sale of the company. No assurance can be given that the negotiations will be successful. Energy Metals Corporation is a NYSE Arca and TSX listed company focused on advancing its industry leading uranium property portfolio towards production in what is the world's largest uranium consumer market, the United States of America. Energy Metals Corporation has extensive advanced property holdings in Wyoming, Texas and New Mexico that are amenable to ISR (in-situ recovery). This form of uranium mining was pioneered in Texas and Wyoming and utilizes oxygenated groundwater to dissolve the uranium in place and pump it to the surface through water wells. Energy Metals is currently developing the La Palangana uranium deposit and upgrading the Hobson Uranium Processing Plant in Texas for an anticipated 2008 production date. Energy Metals is also actively advancing other significant uranium properties in the States of Colorado, Utah, Nevada, Oregon and Arizona. Information Regarding Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Energy Metals' actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things: volatility of natural resource prices; product demand; market competition and risks inherent in the company's operations. These and other risks are described in the Company's public filings with Canadian Securities Regulators available at www.sedar.com and with the Securities and Exchange Commission available at www.sec.com. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Energy Metals Announces First Uranium Sales Agreement May 01, 2007 1:06pm ET Energy Metals Corporation (TSX:EMC)(NYSE Arca:EMU) is pleased to announce that it has entered into a definitive agreement for the supply of uranium concentrate with a leading US nuclear utility. The contract covers the sale of 1,400,000 pounds of U3O8 for delivery over a six-year period beginning in 2010. The terms include market related pricing along with floor price protection. Energy Metals Hobson/Palangana uranium project is scheduled to start production in 2008. At the EMC's fully licensed Hobson Uranium Processing Facility site in Texas, CCC Group Inc. of San Antonio has been awarded the contract for construction of new and renovated facilities. Mobilization and site specific safety training for their crews will begin next week. All baseline water quality wells are now installed at La Palangana and water quality sampling of these wells is ongoing. Ore delineation and development work continues with 5 drilling rigs. In Wyoming where Energy Metals is preparing its properties for production in 2009-2010, baseline environmental studies of the Moore Ranch Project in the Powder River Basin are advancing along schedule. The completion of all site characterization programs is anticipated in August, 2007. Similarly, baseline environmental studies at the Antelope Project in the Great Divide Basin continue with completion of these studies scheduled for January, 2008. Ore delineation is ongoing at the Peterson Project (PRB) with three drilling rigs. "I am very pleased that Energy Metals has entered into the first agreement with a major US utility to supply uranium. This agreement is a strong evidence of industry acknowledgement of our production schedule and capabilities. It is a clear sign that Energy Metals is ready to enter the league of uranium producers. The terms of the agreement will also allow Energy Metals to benefit from upward uranium price. This significant endorsement has demonstrated that we are on the right track of creating strong and long-term domestic uranium production centres in the United States," noted Paul Matysek, President and Chief Executive Office of Energy Metals Corporation. Energy Metals Corporation is a NYSE Arca and TSX listed company focused on advancing its industry leading uranium property portfolio towards production in what is the world's largest uranium consumer market, the United States of America. Energy Metals Corporation has extensive advanced property holdings in Wyoming, Texas and New Mexico that are amenable to ISR (in-situ recovery). This form of uranium mining was pioneered in Texas and Wyoming and utilizes oxygenated groundwater to dissolve the uranium in place and pump it to the surface through water wells. Energy Metals is currently developing the La Palangana uranium deposit and upgrading the Hobson Uranium Processing Plant in Texas for an anticipated 2008 production date. Energy Metals is also actively advancing other significant uranium properties in the States of Colorado, Utah, Nevada, Oregon and Arizona. Information Regarding Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Energy Metals' actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things: volatility of natural resource prices; product demand; market competition and risks inherent in the company's operations. These and other risks are described in the Company's public filings with Canadian Securities Regulators available at www.sedar.com and with the Securities and Exchange Commission available at www.sec.com. Dec. 06, 2005 Energy Metals Acquires 16 New Mexico State Leases VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 6, 2005) - Energy Metals Corporation (TSX VENTURE:EMC) ("Energy Metals") is pleased to announce that it has acquired, by competitive sealed bid, 16 New Mexico State Land Office Mining Leases for General Mining. These leases are primarily located within the Grants Uranium District of northwestern New Mexico, principally in McKinley County. None of the leases are on the Navajo Indian Reservation. All of the properties are considered to have potential to host uranium mineralization. The properties consist of 16 separate leases totaling 8792.76 acres. Several of the properties have seen past exploration indicating the potential for significant uranium mineralization. The principal parcel of interest, Section 32, is a 640 acre tract that was identified as part of the Nose Rock Project uranium deposit, formerly held by Phillips Uranium Corporation, in an Internal Correspondence report from Union Carbide Corporation, dated December 17, 1982. This correspondence noted a presentation made by Phillips on November 11th of the same year where the Phillips' Nose Rock Project was reviewed. The Nose Rock Project encompassed parts of 7 Sections with historically identified uranium resources, including Section 32 which was reported to contain 8 million pounds of U3O8. The overall resource calculations were done by a number of methods and that Phillips Uranium Corporation was satisfied with the numbers calculated for the entire deposit. The data were computerized and statistical analysis had been completed. Drill holes were spaced at 125 to 150 foot intervals, with close spaced drilling on selected fences. The overall grade of the larger deposit was calculated to be 0.143% U3O8 fully diluted, based on a cutoff of 8 feet at 0.075% U3O8. The ore thickness of the deposit averaged 10 feet. The resource calculations were based on more than 550 drill holes of which at least 10% were core holes. The mineralization occurs as roll front deposits in the Westwater Canyon Member of the Morrison Formation and shows no apparent disequilibrium, with no reported vanadium and trace amounts of molybdenum. The anticipated mining method was underground, although the deposits in this area may be amenable to ISL production. Other leases are located in the Crownpoint, Rio Puerco, and Ambrosia Lake areas. The Grants Uranium District is considered one of the premier uranium mining districts in the world. It is the largest uranium producer in the United States with documented past production exceeding 340 million pounds U3O8. Readers are cautioned that while the historical resource estimate is considered relevant, Energy Metals Corporation has not done the necessary work to verify the classification of the resource, and the reader should not rely upon the historical resource estimates. The Company's management and consultants intend to carry out a mineral resource estimate to National Instrument 43-101 requirements in due course. The Company is also pleased to announce it has completed the sale of 2,000,000 shares at a price of $3.10 per share for gross proceeds of $6,200,000. The Shares are subject to hold a period under Canadian securities laws and the policies of the TSX Venture Exchange, and may not be traded in Canada until April 2, 2006. Energy Metals Corporation is a Canadian listed company involved in developing resources to power the 21st century. The Company has adopted a corporate strategy to focus on the acquisition and development of uranium assets in politically favorable and mining-friendly jurisdictions within the United States to take advantage of the continuing growth in the U.S. and worldwide of demand for electrical energy. This increasing consumption is occurring at a time when uranium mine supplies are dwindling and inventories are being depleted. The Company is targeting advanced uranium prospective properties in Wyoming, Texas and New Mexico that are amenable to ISL (in-situ leaching). This form of uranium mining was pioneered in Texas and Wyoming. It utilizes water wells and oxygen-fortified groundwater to mine the uranium in place. Energy Metals Corporation is also actively advancing other conventional mining and ISL opportunities for uranium properties in the States of Utah, Nevada, Oregon and Arizona. Andrew W. Gourlay, P. Geol., a qualified person as defined by National Instrument 43-101, supervised the preparation of the technical information in the release. ON BEHALF OF THE BOARD OF DIRECTORS OF ENERGY METALS CORPORATION Paul Matysek, M.Sc., P.Geo., President, CEO and Director ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Dec. 02, 2005 Leading ISL Expert, Dennis Stover, Ph.D., Joins Energy Metals Corporation Vancouver, British Columbia, December 1, 2005: Energy Metals Corporation (TSXV: EMC) ("Energy Metals") is pleased to announce the appointment of Dennis E. Stover, Ph.D. as the President of the Company's US subsidiary, Energy Metals Corporation (US). Dr. Stover will assume the responsibility for the implementation of the Company's stated goal of becoming the leading ISL uranium producer in the United States. One of his first tasks will be to fast track EMC's operations in Texas and Wyoming to production and work with management on developing the Company's New Mexico assets. Dr. Stover is one of the elite professionals in the ISL industry having spent more than 30 years in the uranium industry. He is a pioneer and leader in the application of new technology to the in-situ leaching of uranium. Dr. Stover began his career with Atlantic Richfield Company as a Senior Research Engineer at the Production Research Center in Plano Texas where he developed 3-D computer simulators for in-situ leaching, conducted laboratory uranium leachability studies, managed field R&D program for ISL technology, and served on the Clay West (Texas) Startup Team which was the first commercial ISL uranium project in North America. Dr. Stover was the Chief Engineer for Everest Minerals Corporation throughout the 1980s where he was a critical member of the team which designed, constructed, started and operated the company's in-situ uranium projects at Hobson, Hebbronville and Dinero, Texas. While at Everest he developed production forecast models for Texas and Wyoming ISL well fields and managed the design and engineering of the Highland Uranium Project in Converse County, Wyoming (2 million lb./yr U3O8 ISL production) on time and within a budget of 15 million dollars. Dr. Stover also served as the Corporate Radiation Safety Officer. In 1989 Dr. Stover joined Rio Algom Mining Corp. as the Director of In Situ Leaching Technology where he prepared the feasibility study and the commercial AFE for the Smith Ranch ISL property in the Powder River Basin of Wyoming. He was responsible for the entire process flow sheet for the Smith Ranch uranium recovery facilities. Dr. Stover served as the Manager of Wyoming Operations from 1993 through 1997. The construction of the Smith Ranch Project was completed on schedule and 4 million dollars under the planned 45 million dollar budget. As manager, he was responsible for construction and startup of the Smith Ranch ISL uranium facility while ensuring compliance with all state and federal regulations with no lost-time accidents. In 1997 Dr. Stover was promoted to Vice President of Engineering and Project Development where he directed the drilling program that increased the Reynolds Ranch Uranium Resource from 11.8 to 17.9 million pounds, completed initial feasibility studies for two new uranium projects, and provided technical direction, expertise and awareness to continuing and developing programs and projects for the United States' largest uranium producer. Dr. Stover directed a total revision of Mineral Resource and Reserve calculation methods to conform with current SEC and international reporting requirements. Most recently, Dr. Stover has been the President of Stover Alliance, LLC which he established in 2002 to provide technical support to the uranium mining industry. Completed projects include a technical evaluation of a major overseas ISL operation for potential investors, evaluation of a proposed expansion at an existing ISL operation, technical review of a proposed uranium reserve development program, detailed process design for a large acidic ISL operation in Asia, development of an operating plan for a proposed ISL mine in the United States, and a number of other projects for a total of 10 major clients throughout the world. Dr. Stover holds B.Sc., M.Sc., and Ph.D. degrees in Chemical Engineering from the University of Michigan. He has authored or co-authored 27 articles relating to uranium and holds a number of United States Patents concerning various aspects of solution mining and reservoir restoration. Dr. Stover is a member of numerous professional societies. "We are indeed very fortunate to attract the leading ISL expert to our management team. The addition of Dennis is an integral part of our business plan and reflects our ongoing commitment to become the leading uranium producer in the United States," says Paul Matysek, President and CEO. The Company also reports that William M. Sheriff has resigned from the Presidency of the United States subsidiary and has accepted the position of Director of Corporate Development of the parent Company, where he will continue to evaluate advanced business opportunities and provide critical direction to the Company's corporate strategy on a daily basis. The Company has also granted 500,000 stock options exercisable at a price of $3.15 per share for a period of four years to officers and employees of the Company. The stock options are subject to vesting as to 25% upon issuance and 25% each six months thereafter pursuant to Company's Stock Option Plan. Energy Metals Corporation is a Canadian listed company involved in developing resources to power the 21st century. The Company has adopted a corporate strategy to focus on the acquisition and development of uranium assets in politically favorable and mining-friendly jurisdictions within the United States to take advantage of the continuing growth in the U.S. and worldwide of demand for electrical energy. This increasing consumption is occurring at a time when uranium mine supplies are dwindling and inventories are being depleted. The Company is targeting advanced uranium prospective properties in Wyoming, Texas and New Mexico that are amenable to ISL (in-situ leaching). This form of uranium mining was pioneered in Texas and Wyoming. It utilizes water wells and oxygen-fortified groundwater to mine the uranium in place. Energy Metals Corporation is also actively advancing other conventional mining and ISL opportunities for uranium properties in the States of Utah, Nevada, Oregon and Arizona. For further information contact: Paul Matysek, CEO and President of Energy Metals Corporation Tel: (604) 684 - 9007 Email: pm@energymetalscorp.com Or William M. Sheriff, Director of Corporate Development Tel: (972) 333-2214 Email: wms@energymetalscorp.com ON BEHALF OF THE BOARD OF DIRECTORS OF ENERGY METALS CORPORATION Per: "signed" Paul Matysek, M.Sc., P.Geo. CEO and President ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Nov.25, 2005 Energy Metals Corporation Announces $6,300,000 Private Placement and the Acquisition of the Red Rim Property, Wyoming Vancouver, British Columbia, November 25, 2005: Energy Metals Corporation (TSXV: EMC) ("Energy Metals") is pleased to announce a non-brokered private placement for CDN$6,300,000 and the acquisition of the Red Rim Property in Carbon County, Wyoming. Cdn $6.3 Million Private Placement The Company has arranged for a non-brokered private placement for 2,000,000 shares at a price of CDN$3.15 per share for gross proceeds of up to CND$6,300,000. The net proceeds of the private placement will be used for the Company's general working capital and property acquisition and development. Finders fees of 2.25% in cash shall be payable. This financing is subject to regulatory acceptance. Red Rim Property Acquisition The Company is also pleased to announce the acquisition, by staking, of the Red Rim Property in Carbon County, Wyoming. The Red Rim Property is composed of 35 unpatented mining lode claims covering approximately 722 acres. Union Carbide carried out exploration of the Property from 1975 to 1982, and completed over 100 drill holes. These drill holes defined a zone of uranium mineralization that is open to expansion and considered potentially amenable to in-situ-leach production. Depth to uranium mineralization ranges from 1,700 to 2,300 feet. The Company has also acquired a database covering the Red Rim Property, which includes numerous geological reports, maps, and the drill logs for the holes completed. BRS, Inc., a Licensed Professional Engineering Company in the State of Wyoming, has been engaged to prepare a National Instrument 43-101 compliant report and resource estimate on the Red Rim Property. BRS, Inc. is a natural resource engineering company that has been providing engineering and geological services in Wyoming since 1986. Past clients include Power Resources Inc., a Cameco Company, Union Pacific Resources, and TVA. The lead engineer/geologist and the proprietor of the business is Douglas Beahm, PG, PE, with more than 30 years of professional experience including work with Union Carbide as Chief Geologist and Mine Engineer at the Gas Hills Mine, and Senior Exploration Geologist at the company's regional exploration office located in Casper, Wyoming. The Red Rim Property is located approximately 25 kilometres southwest of Rawlins Wyoming, and is readily accessible via dirt roads from Interstate Highway 80. Electrical power is available in Rawlins and the Sweetwater Uranium Processing Facility, currently on a care and maintenance status, is located approximately 70 kilometres to the northwest. Andrew W. Gourlay, P. Geol., a qualified person as defined by National Instrument 43-101, supervised the preparation of the technical information in the release. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Nov. 17, 2005 Three Way Merger Creates Latest Junior Uranium Winner By Michael J. DesLauriers 17 Nov 2005 at 05:30 PM EST TORONTO (ResourceInvestor.com) -- Recent consolidation in the junior uranium world has created a dynamic new player. As luck would have it, two of the three plays involved in the deal have been written up by Resource Investor over the last two months. RI wrote up Standard Uranium [TSXv:URN] on October 11th at C$1.20, the stock closed today at C$1.92. Quincy Energy [TSXv:QUI] was featured a few weeks earlier at a price of C$0.73, and closed today at C$0.65. The third company involved in the deal, Energy Metals [TSXv:EMC] will be the surviving vehicle once the whole transaction has closed. EMC closed at C$3.40 today; Sprott has a target price on the stock of C$6.65. The Deal Back in September, RI noted that Quincy was “a fairly compelling junior player which seems to be under appreciated by the market. The company has a 43-101 compliant resource of over 70 million pounds in the safety of the U.S., something not many other juniors can boast. Furthermore, the company is set to make production decisions on several of its properties well before most other players.” Indeed, it would appear that EMC recognized that value, saying in its new release that, “The Proposed Transaction is the next step in Energy Metals' strategy to become one of the largest U.S. domestic uranium producers and resource base holders in the public sector.” With regards to URN, RI was of the opinion that, “few junior uranium players can boast the prospect of relatively near-term production, and the market is sure to show its appreciation in the form of a healthy premium for Standard.” A view clearly shared by EMC who offered an equivalent of C$2.00 per share when they made their bid a week ago. Going Forward Going forward EMC will be extremely well positioned to capitalize on high and rising uranium prices both as a producer and developer, with a large resource base in the safety of the United States. The company has made both acquisitions on fairly favourable terms, as signaled by its share price which has advanced nearly 10% since the announcement of the first acquisition; most stocks drop following an acquistion, not to mention a small financing. In addition to Standard’s near-term production and Quincy’s large 43-101 compliant resource base, EMC brings over 132,000 acres of land to the table and projects amenable to ISL technology for production. EMC’s management did an excellent job timing wise with these acquisitions, and in making all-stock offers. For shareholders of Quincy, whose shares have been languishing due to an overhang and selling out of Europe, the acquistion price seems cheap. However, because Quincy will now be anchored to a good story with near term production that will lift all boats, shareholders should not feel overly wounded by the 60 cents per share takeover price. Conclusion Given the substantial valuation awarded to recently listed producer UrAsia Energy, there is every reason to believe that a larger EMC with critical mass should attract the right sort of institutional attention resulting in higher valuations and greater awareness in the market. Source: http://www.resourceinvestor.com/pebble.asp?relid=14750 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ DAILY CHART Fast Setting For Breakout Watch ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ DAILY CHART OVER 1.4 YEARS ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Why Invest in Uranium? A Reprint from a Featured Article in Uranium Miner Overview of Uranium Price, Supply, and Demand U308 $35.25/lb: International supply shortages of uranium, along with escalating nuclear programs in nations such as India and China, which both together according to the World Nuclear Association have official plans in the works for 51 new reactors, have caused the spot price of Uranium to more than triple in the last couple years or so (U3O8 was $10.75/lb in April 2003). Many experts prognosticate another doubling in short order. Supply Side: A persistent deficit between world U3O8 demand and worlds U3O8 mining supply has existed for close to two decades and inventories are steadily being depleted. Low grade uranium sources are plentiful and readily accessible but uneconomical at current prices, substantially higher prices are necessary to make them viable. High grade uranium deposits such as those found in Saskatchewan’s Athabasca Basin are scarce, found in a few specific regions of the planet, involve substantial drilling and are located at great depths. Modern exploration techniques in high grade target zones and the certainty of sustained commodity prices offer the best likelihood for new supply; however the turnaround time from exploration to production is close to 10 years. Demand Side: Governments worldwide struggle for solutions to control green house gas emissions and produce affordable energy; nuclear power is the cleanest, least expensive and most secure source of electricity. There are currently 441 operational nuclear reactors world wide and that number is expected to grow significantly within the next decade. In the U.S.A., which has 103 operational nuclear power plants providing approximately 20% of the country’s energy, reactors that have met the end of their normal 40-year operating license are being granted extensions and the U.S. Department of Energy is actively providing incentives encouraging power corporations to apply for licenses to build new reactors in an attempt to stave off an imminent energy shortage. Fearful of elevated prices and lack of availability, utility companies have been mostly responsible for the high level of spot demand for uranium .
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PostSubject
#92   Name change from ISX Resources to Potash One, Tackler 12/08/07 09:43:35 PM
#91   Tine To Go and Have a Look... Start fringe_remnant 12/08/07 07:14:06 PM
#90   Hey Fringe did you notice Paul Matysek is Tackler 12/08/07 06:56:41 PM
#89   Artha to option four U3O8 properties from Energy Metals fringe_remnant 07/11/07 04:20:50 PM
#88   Technical Bounce Off 14.40 -e- fringe_remnant 06/27/07 04:54:00 PM
#87   There Ya Go fringe_remnant 06/04/07 01:38:10 PM
#86   1.5B$ REVOLUTION2012 06/04/07 11:34:14 AM
#85   During a phone conversation, nearly a year ago REVOLUTION2012 05/24/07 02:22:40 PM
#84   What a Gap -e- fringe_remnant 05/22/07 08:39:48 PM
#83   My takeover price for EMU is in the dealerschool2006 05/22/07 06:15:31 PM
#82   Fabulous fringe_remnant 05/20/07 10:26:02 AM
#81   Energy Metals in Exclusive Negotiations Regarding Potential Sale REVOLUTION2012 05/18/07 04:16:47 PM
#80   EMU BREAKOUT!!!! dealerschool2006 05/18/07 12:34:59 PM
#79   Best News Yet For EMU! -e- fringe_remnant 05/03/07 01:50:58 PM
#78   Energy Metals Announces First Uranium Sales Agreement REVOLUTION2012 05/01/07 03:52:53 PM
#77   Nice Candle! -e- fringe_remnant 04/22/07 02:22:16 PM
#76   fringe_remnant, FWIW, plan on closing most of my short frenchee 04/17/07 10:03:56 PM
#72   I better have a closer look -e- fringe_remnant 04/12/07 09:40:53 PM
#71   I got short today at the close. frenchee 04/12/07 09:10:25 PM
#70   Sounds Good -e- fringe_remnant 04/10/07 09:03:06 PM
#69   -e-, I'm thinking it's ripe for a correction now frenchee 04/10/07 08:28:58 PM
#68   Big Move Coming Up -e- fringe_remnant 04/03/07 02:26:44 PM
#67   Yep... fringe_remnant 03/28/07 11:18:02 PM
#66   Sold entire position yesterday. Looking to get frenchee 03/28/07 11:15:09 PM
#65   Nice Chart -e- fringe_remnant 03/19/07 03:36:17 PM
#64   Nice board... frenchee 03/16/07 10:04:57 PM
#63   Buying Time on Bottom Confiration fringe_remnant 03/07/07 12:46:25 AM
#62   Yep. He Did It LOL -e- fringe_remnant 03/01/07 08:26:32 PM
#61   Thought you'd like that. LOL mgland 02/22/07 07:57:19 PM
#60   Funny - Talk About A SELL Signal LOL -e- fringe_remnant 02/22/07 07:55:27 PM
#59   http://www.investorshub.com/boards/read_msg.asp?message_id=17306690 mgland 02/22/07 07:47:27 PM
#58   HUGE MOVE UNDERWAY -e- fringe_remnant 02/19/07 12:32:00 AM
#57   Big, Big Volume Flag -e- fringe_remnant 01/12/07 09:55:48 PM
#56   Breakout @ $10.76 First Trading Day of 2007 -e- fringe_remnant 01/02/07 08:31:08 PM
#55   Kicking Out From a Tight Bollie Setup... fringe_remnant 12/28/06 04:14:05 PM
#54   I LIke the Way.... fringe_remnant 12/18/06 12:47:16 PM
#53   Re-Entry Time... $9.25 -e- fringe_remnant 12/13/06 07:43:46 PM
#52   This May Flush to 8.25 -e- fringe_remnant 12/08/06 02:36:50 PM
#51   Time For a Breather -e- fringe_remnant 12/06/06 02:01:34 PM
#50   Nice eom. Trops 12/01/06 11:27:35 AM
#49   WooHoo! fringe_remnant 11/29/06 10:46:33 PM
#48   Energy Metals to List on NYSE Arca Arctec 11/29/06 10:03:12 PM
#47   Breakout -e- fringe_remnant 11/25/06 12:41:34 PM
#46   Nice Reversal and Re-Entry Today -e- fringe_remnant 11/17/06 06:27:38 PM
#45   Topped Out -e- fringe_remnant 11/14/06 11:41:31 AM
#44   Simply Amazing fringe_remnant 11/04/06 04:38:36 PM
#43   Time For a Breather -e- fringe_remnant 10/26/06 08:38:13 PM
#42   This One has Strength -e- fringe_remnant 10/20/06 07:05:01 PM
#41   Time for a Breather at $6.70 -e- fringe_remnant 10/18/06 10:07:08 PM
#40   Charts Updated in iBox -e- fringe_remnant 09/09/06 12:31:02 PM
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