Green Shift Commodities Ltd. (GRCMF)

[Renee]

UWEFF changed to GRCMF.

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Renee]

U3O8 Corp. changed to Green Shift Commodities Ltd.:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Longpicker]

40 cents?? What’s going on over here?

[AskMuncher]

$UWEFF Correction to Press Release entitled U3O8 Corp. Announces Upsizing of Previously Announced C$500,000 Financing to C$1,000,000
Press Release | 02/16/2021
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Feb. 16, 2021 (GLOBE NEWSWIRE) -- U3O8 Corp. (NEX: UWE.H), (“U3O8” or the “Company”) wishes to correct the press release issued on February 12, 2021. The Company announces that it is increasing the size of the non-brokered private placement of units of the Company (“Units”) originally announced on January 27, 2021 from $500,000, to gross proceeds of up to $1,000,000 (the “Offering”).

Pricing
The Company intends to sell up to 6,666,666 Units at a price of C$0.15 per Unit. Each Unit shall consist of a common share of the Company (a “Common Share”) and a common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase one Common Share at an exercise price of C$0.20 for a period of 12 months following closing of the Offering. The Units will be offered by private placement only (and without the use of an offering memorandum as defined in OSC Rule 14-501).

Use of Proceeds
The Company intends to use the net proceeds raised from the sale of the Units to advance the Company’s current battery commodity - uranium projects, the search for additional compelling opportunities in the resource sector, and for general working capital.

Hold Period
Securities issued pursuant to the Offering shall be subject to a four-month plus one day hold period commencing on the day of the closing of the Offering under applicable Canadian securities laws. The Offering is subject to the approval of the TSX Venture Exchange. The Offering is expected to close on or about February 28, 2021, subject to the receipt of all necessary regulatory approvals.

Commission
In connection with the Offering, the Company may pay to eligible finders a cash commission of up to 7% of the proceeds from the sale of Units sold with finders’ assistance and issue to finders’ compensation warrants equal to 7% of Units sold with finders’ assistance. Admission of subscribers brought into the placement by finders shall be at the Company’s discretion. Any finders’ warrants issued will be issued on the same terms as the Warrants underlying the Units.

About U3O8 Corp.
U3O8 Corp. is focused on exploration and development of deposits of uranium and battery commodities in South America. Battery commodities that occur with uranium resources include vanadium, nickel, zinc and phosphate. The Company’s mineral resources estimates were made in accordance with National Instrument 43-101, and are contained in the following deposits:

Berlin Deposit, Colombia – a PEA shows that Berlin also has low-cost uranium production potential due to revenue that would be generated from by-products of phosphate, vanadium, nickel, rare earths (yttrium and neodymium) and other metals that occur within the deposit; and
Laguna Salada Deposit, Argentina – a PEA shows this near surface, free-digging uranium - vanadium deposit has low production-cost potential. The Company has entered into an option agreement with International Consolidated Uranium Inc. for the sale of the Laguna Salada Deposit under the terms outlined in the press release of December 14, 2020.
A PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized.

For further information, please contact:

Carolina Diaz at [e-mail] or phone [phone] or Richard Spencer, President & CEO, U3O8 Corp., Tel: [phone] [e-mail]

Forward-Looking Statements

This news release includes certain “forward looking statements” related with the development plans, economic potential and growth targets of U3O8 Corp’s projects. Forward-looking statements consist of statements that are not purely historical, including statements regarding beliefs, plans, expectations or intensions for the future, and include, but not limited to, statements with respect to: (a) the completion of a reactivation transaction; (b) the low-cost and near-term development of Laguna Salada, (c) the Laguna Salada and Berlin PEAs, (d) the potential of the Kurupung district in Guyana, and (e) the price and market for uranium. These statements are based on assumptions, including that: (i) the ability to find a profitable undertaking or successfully conclude a purchase of such an undertaking at all or on terms which are commercially acceptable; (ii) actual results of our exploration, resource goals, metallurgical testing, economic studies and development activities will continue to be positive and proceed as planned, and assumptions in the Laguna Salada and Berlin PEAs prove to be accurate, (iii) a joint venture will be formed with the provincial petroleum and mining company on the Argentina project, (iv) requisite regulatory and governmental approvals will be received on a timely basis on terms acceptable to U3O8 Corp., (v) economic, political and industry market conditions will be favourable, and (vi) financial markets and the market for uranium will improve for junior resource companies in the short-term. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in such statements, including, but not limited to: (1) changes in general economic and financial market conditions, (2) changes in demand and prices for minerals, (3) the Company’s ability to source commercially viable reactivation transactions and / or establish appropriate joint venture partnerships, (4) litigation, regulatory, and legislative developments, dependence on regulatory approvals, and changes in environmental compliance requirements, community support and the political and economic climate, (5) the inherent uncertainties and speculative nature associated with exploration results, resource estimates, potential resource growth, future metallurgical test results, changes in project parameters as plans evolve, (6) competitive developments, (7) availability of future financing, (8) the effects of COVID-19 on the business of the Company, including, without limitation, effects of COVID-19 on capital markets, commodity prices, labour regulations, supply chain disruptions and domestic and international travel restrictions, (9) exploration risks, and other factors beyond the control of U3O8 Corp. including those factors set out in the “Risk Factors” in our Annual Information Form dated March 27, 2019 for the fiscal year ended December 31, 2018 available on SEDAR at www.sedar.com. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. U3O8 Corp. assumes no obligation to update such information, except as may be required by law. For more information on the above-noted PEAs, refer to the September 18, 2014 technical report titled “Preliminary Economic Assessment of the Laguna Salada Uranium-Vanadium Deposit, Chubut Province, Argentina” and the January 18, 2013 technical report titled “U3O8 Corp. Preliminary Economic Assessment on the Berlin Deposit, Colombia.”

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

[getmoney12]

https://www.otcmarkets.com/stock/UWEFF/news/U3O8-Corp-Announces-Upsizing-of-Previously-Announced-C500000-Financing-to-C1000000?id=289844

[creede]

UWEFF Website: http://www.u3o8corp.com/

[creede]

UWEFF:

Grey to Pink today.

[Greta Grabo]

$T.UWE / $UWEFF / $U3O8
The Power Revolution – Uranium & Vanadium

U3O8 Corp. (TSX: UWE | OTCQB: UWEFF) – News Alert – U3O8 Corp. Results Translates to $552 Million in Expected Revenues — Undervalued Opportunity, Time to Buy! – 52 Week High $0.60 CAD $0.49 USD – Optimal Entry Point Now! Read More Now! https://www.thestreet.com/quote/UWEFF.html

[Greta Grabo]

$T.UWE | $UWEFF

The Power Revolution - $552 Million In Expected Revenues - Time to Buy!

U3O8 Corp. (TSX: UWE | OTCQB: UWEFF) – CEO, Dr. Richard Spencer, P.Geo., C. Geol., President a Qualified Person as defined by National Instrument 43-101, reports on the Laguna Salada Deposit in Argentina which contain higher than normal uranium-vanadium grades – 52 Week High $0.60 CAD $0.49 USD – Optimal Entry Point Now! Read More Now: http://www.thestreetnow.com/spotlight/u308/

[traderdogzz]

https://finance.yahoo.com/news/u3o8-corp-announces-closing-sized-115500012.html

[traderdogzz]

$UEWFF

[Greta Grabo]

$UWE / $UWEFF

U3O8 Corp.'s Laguna Salada Uranium-Vanadium Deposit Test Proves Highly Successful

Toronto, Ontario-- U3O8 Corp. (TSX: UWE) (OTCQB: UWEFF) Dr. Richard Spencer, P.Geo., C. Geol., President and CEO of U3O8 Corp. and a Qualified Person as defined by National Instrument 43-101, reports on the Laguna Salada Deposit ("Deposit" or "Project") in Argentina. Gravel-filled channels contain generally higher uranium-vanadium grades and this test work. For More Information: http://www.thestreetnow.com/spotlight/u308/

[tpecj]

Very good news

[Greta Grabo]

$UWEFF U3O8 Corp.'s Laguna Salada Uranium-Vanadium Deposit

Toronto, Ontario--(Newsfile Corp. - May 31, 2018) - U3O8 Corp. (TSX: UWE) (OTCQB: UWEFF) ("U3O8 Corp." or the "Company") reports that geophysical test work showed that electrical tomography ("ET") proved successful as a means of delineating channels at the base of the gravel layer in its Laguna Salada Deposit ("Deposit" or "Project") in Argentina. Gravel-filled channels contain generally higher uranium-vanadium grades and this test work proved that ET can be used to detect the location and depth of channels beneath younger cover.

Geophysical Test Work

The National Instrument 43-101 resource at Laguna Salada was based principally on a one-metre thick layer of uranium-vanadium-bearing gravel that extends from surface to a maximum depth of only three metres. However, exploration that was undertaken after the resource estimate had been completed, revealed that the mineralization extends downward in channels below the average level of the gravel base. These extensions not only increase the contained volume of mineralization, but contain generally higher uranium-vanadium grades, that may result in the estimated cash-cost of production being even lower than for the near-surface material on which the preliminary economic assessment ("PEA") was based (see press release dated February 7, 2017).




For More Information: http://www.thestreetnow.com/spotlight/u308/

[tpecj]

That article was paid for, read the disclaimer

[venturecapp]

U308 Corp’s Positioned for Argentina’s Expanding Nuclear Energy Industry
http://www.thestreetnow.com/spotlight/u308/

[nyctraydr]

Nuclear industry poised for growth in 2018

https://investorintel.com/sectors/uranium-energy/uranium-energy-intel/turning-point-nuclear-industry/

[nyctraydr]

A “quiet nuclear renaissance” unfolds in the United States

https://investorintel.com/author/richard-spencer/

[nyctraydr]

A turning point in the nuclear industry?

http://www.u3o8corp.com/turning-point-nuclear-industry/

[nyctraydr]

Meet the CEO:
About Dr Richard Spencer
Richard Spencer is president and CEO of U3O8 Corp., (UWE.TO, OTC:UWEFF and SSE:UWE). U3O8 Corp. (www.u3o8corp.com) is a Toronto-based exploration company with a portfolio of quality uranium deposits in South America that contain uranium and other commodities used in low-emissions energy generation and agriculture. The company is focused on creating long-term shareholder value through the discovery and development of deposits and has the potential to be among the lowest-cost producers in the industry.

https://investorintel.com/author/richard-spencer/page/2/

[nyctraydr]

2017 was an extraordinary year for the uranium industry: against a backdrop of steadily increasing nuclear energy generation and uranium demand, the world’s largest and lowest-cost producers cut output to essentially eliminate the oversupply that has dogged the uranium market since the Fukushima meltdown almost seven years ago.

Underscoring the fact that today’s uranium prices are too low for profitable production, the State-run uranium producer in Kazakhstan, that produces 40% of the world’s uranium and is the world’s lowest-cost producer, has set up a trading arm that will allow its uranium to be sold at higher prices.

Production Cuts to Lead to Supply Deficit in the Uranium Market

The latter part of 2017 saw two of the largest uranium producers cut production that should result in supply falling short of demand in 2018 and beyond. In November, Cameco announced a production cut of 13.7 million pounds (“Mlbs”) of uranium in 2018, and a few weeks later, Kazatomprom followed suit with a cut of 10.4Mlbs in 2018 and 9Mlbs in 2019 and 2020. This means that supply will fall by 24.1Mlbs in 2018 – that is 17% of world uranium production.

https://investorintel.com/sectors/uranium-energy/uranium-energy-intel/turning-point-nuclear-industry/

[nyctraydr]

U3O8 Corp. Reports the Start of Geophysical Test Work on its Laguna Salada Uranium-Vanadium Deposit

PR Newswire
TORONTO, Jan. 30, 2018 /CNW/ - U3O8 Corp. (TSX: UWE), (UWEFF) ("U3O8 Corp." or the "Company") reports that a trial has commenced to test the effectiveness of geophysics to detect channels at the base of the gravel layer at its Laguna Salada Deposit ("Deposit" or "Property") in Argentina. Exploration elsewhere on the Property has shown that channels contain higher-grade uranium-vanadium mineralization that could further improve the positive economics of the Deposit.

Geophysics Program
The NI43-101 resource at Laguna Salada was based principally on a one-metre thick layer of uranium-vanadium bearing gravel that extends from surface to a maximum depth of only three metres. Exploration that was completed following the resource estimate, revealed a second layer in which uranium and vanadium are confined to channels at the base of the gravel. The second layer contains generally higher uranium-vanadium grades that may result in the estimated cash-cost of production being even lower than for the near-surface material on which the preliminary economic assessment ("PEA") was based (Figure 1).

[Renee]

UWEFF: 1-for-20 Reverse Split (on an effective basis, after giving effect to the Company’s common shares being consolidated on a 1-for-1,000 basis, followed by a split of every newly consolidated common share on a 50-for-1 basis.) No fractional common shares will be issued. Matching the Primary Exchange's Effective Date.

http://otce.finra.org/DLSymbolNameChanges

[The New Black]

Not a lot of action here. Did a lot of guys close out positions?

[~ Blue ~]

UWEFF 20% up http://www.google.com/finance?q=UWEFF&ei=T_rdVomkAYiljAHHoIboDw

[~ Blue ~]

UWEFF is ready to go http://www.u3o8corp.com/

[Pro-Life]

Japan Okays Two More Nuclear Reactors
Wednesday December 17, 2014, 3:55pm PST
By Nick Wells+ - Exclusive to Uranium Investing News

http://uraniuminvestingnews.com/20333/japan-nuclear-reactors-sendai-kansai.html

Japan has greenlit the opening of two reactors for the Takahama project, which is owned by Kansai Electric Power Company (TSE:9503). That brings the number of approved reactors to four, just after a general election win showed steady support for the pro-nuclear ruling Liberal Democratic Party.

The new reactors will join the Sendai reactors, which were approved in early November after a local vote by the city of Satsumasendai supported their restart. The Sendai reactors aren’t expected to open until early 2015.

Cantor Fitzgerald forecasts that 32 reactors will ultimately be restarted, with nine in 2015, 10 in 2016, 12 in 2017 and one in 2018.

In a note to investors, Rob Chang talked of the reactor restarts being viewed “as a key market catalyst as some investors remain sceptical on whether it will actually occur.”

David Talbot, with Dundee Capital Markets, largely echoed those thoughts.

“Dundee’s opinion is that these two reactors are part of the ‘friendly thirteen’ reactors that will likely gain local approval based on local support — of the 19 or so that are currently under application for start-up,” he said in a comment to investors.

The reactors will require a month-long consultation process, with both the local and municipal governments needing to give their approval.

Uranium is currently trading at $37 a pound.

[Pro-Life]

Why is the OBV line collapsed... the registered shareholders are giving up??? WTH??? Major capitulation.

Today's PR:

http://www.u3o8corp.com/docs/Press_Releases/2014/UWE%20update%20pr_Final_oct%2028%2014.pdf

Resignation of a Board Member

U3O8 Corp. also announces the resignation of Sheldon Inwentash, Chairman and CEO of Pinetree Capital Ltd., from the Company’s Board of Directors.

“On behalf of U3O8 Corp. and the board, I would like to thank Sheldon for his support of the company over the past four years. Sheldon was instrumental in the acquisition of the properties in Colombia and Argentina that constitute U3O8 Corp’s lead projects on which positive preliminary economic assessments have now been completed,” said Mr. David Constable, U3O8 Corp’s Chairman.

“The fundamentals of U3O8 Corp. and its projects remain solid,” said Dr. Richard Spencer, U3O8 Corp’s President and CEO. “We are currently being swept along in the market-driven sell-off in commodities and a broader liquidation affecting a number of exploration companies, which is further aggravated with end- of-year tax loss selling. Of further note, shares of uranium producers and juniors alike have traded down although uranium prices have risen over 25% since the summer. These market-related events highlight the disconnect between our share performance relative to the value that we are creating in our projects.”

[AIM120]

Tommy,

Care to speculate on the Volume today? I like the price of this stock but not if you think these guys are 5 yrs from development.

[Tommy]

$UWEFF - U3O8 Corp. Discovers Potentially Large Area of Shallow Uranium-Vanadium Mineralization Adjacent to Its Laguna Salada Deposit in Argentina
Second new discovery adds significant growth potential to current resource

http://finance.yahoo.com/news/u3o8-corp-discovers-potentially-large-114500616.html

TORONTO, ONTARIO--(Marketwired - Dec 4, 2013) - U3O8 Corp. (UWE.TO) (UWEFF), a Canadian-based company focused on exploration and development of uranium resources and associated commodities in South America, has identified a mineralized area located on the southern extension of its Laguna Salada Deposit in Chubut Province, Argentina (Figure 1). The La Susana discovery contains similar near-surface, free-digging mineralization to Laguna Salada and has potential to add to the current uranium-vanadium resource defined in accordance with National Instrument 43-101 ("NI 43-101")1.

"The uranium-vanadium mineralization at La Susana is typical of the Laguna Salada Deposit and has a footprint that is potentially double the size of the current resource - suggesting considerable resource growth potential and reaffirming the district-scale prospects of the region," said Dr. Richard Spencer, U3O8 Corp's President and CEO. "A larger resource could further enhance the economics of the project which are being defined in a preliminary economic assessment ("PEA") that is nearing completion on the initial deposit at Laguna Salada. With an advanced uranium project in a country committed to bringing more nuclear reactors online and a joint venture currently being negotiated with Petrominera Chubut S.E., the provincial mining company, U3O8 Corp. is positioning Laguna Salada as a potential low-cost, near-term producer in Argentina."" ...

[Tommy]

$UWEFF - A Uranium Exploration-to-Producer “Shovel-Ready” Story
Post navigation
A Uranium Exploration-to-Producer “Shovel-Ready” Story

Posted on November 26, 2013 by David Smith

http://investorintel.com/nuclear-energy-intel/u3o8-corp-uranium-exploration-producer-shovel-ready-story/

U3O8 Corp. (TSX: UWE | OTCQX: UWEFF) is a Canadian uranium exploration company exploring for rare earths with a focus on South America, led by President/CEO Dr. Richard Spencer. U3O8 Corp has properties in Colombia, Guyana, and Argentina.

U3O8 Corp was founded by Dr. Keith Barron, who as a member of the management team of Aurelian Resources, played a key role in the discovery of one of the largest gold fields of the last 20 years, the 13.7 Moz gold/22.4 Moz silver deposit, Fruita del Norte, in Ecuador. Dr. Barron currently serves on the U3O8 Corp. Board of Directors.

The Company describes its holdings as “one of the most advanced suite of uranium projects on this continent comprising NI 43-101 compliant resources in Guyana, significant historic resources in Colombia, and near-resource and discovery potential in Argentina.”

Early in the last decade, uranium, as a segment of the global resource sector bull market, experienced a boom and bust cycle all its own. The price rocketed from around $10.00 a pound, up to $135 and then dropped to the mid-$30’s, taking the share price of most production and exploration companies downstream with it.

Now, however, this picture may be on the cusp of a dramatic change. Despite the Fukushima disaster in Japan, (whose reactors were designed and built with 1970’s technology), a variety of factors are converging, having the potential to radically alter the current uranium supply-demand equation. There is the soon to be concluded Megatons to Megawatts Program (utilizing heavily-enriched uranium from decommissioned Russian warheads to power nuclear reactors), as well as reduced development of uranium supplies in general due, in part, to low uranium prices.

An important caveat to the rapid and sustained ‘renewal’ of the uranium story, both psychological and practical, will be the level of success that Japan experiences in the removal and storage of several hundred tons of spent fuel rods at Fukushima. Even though reactor building and operational safety have advanced markedly in recent years, along with a strengthening case for nuclear power, Fukushima still does matter.

On the demand side, a global build-out of reactors – in process, planned and proposed – is underway. Evidence of this can be found in areas of the world as disparate as China, India, Vietnam, the Middle East, and surprisingly, the U.S.(re-licensing).

The net effect holds the potential of being greater than the sum of its parts. Underscoring the implications of this build-out, Dr. Barron has noted:

“Nuclear power leaves a proven, clean, near-zero carbon foot print. It’s reliable in terms of base load power supply. China and India understand this. Of the 70 reactors under construction around the world – which, incidentally, means that on average, one new reactor will come on stream each month for five years – 30 are in China.”

U3O8 Corp’s flagship endeavor, the Berlin deposit, is located in Colombia. It has an NI 43 – 101 Resource estimate (Indicated/Inferred) of over 21 million pounds of uranium. In addition the project has the potential to generate phosphate for fertilizers, vanadium for battery energy storage, as well as rare earth potential. A Preliminary Economic Assessment (PEA) released earlier this year indicates that the project demonstrates rather positive project economics. Speaking of this, Dr. Spencer noted:

“The PEA shows that the uranium in the Berlin Project could be produced at zero cash cost thanks to the revenue generated from associated by-products – which would place Berlin in the lower quartile of potential uranium producers…the study indicates that Berlin has robust economics based on just one-third of the resource potential of the property.”

Keep an Eye on Laguna Salada

“Typical ground at the Laguna Salada project, Chubut Province, Argentina” (courtesy U3O8 Corp website)

The Company’s projects in Guyana and Colombia bring a great deal to the table, but it is U3O8 Corps. Laguna Salada Deposit in Argentina which, to this writer, is of particular interest. A PEA is currently underway on the deposit, located in Chubut Province. Among other considerations, it envisions a potential joint venture with Chubut’s provincial mining company, Petrominera Chubut, S.E. Unlike some uranium projects, this one could conceivably utilize a continuous surface mining process. Dr. Spencer describes that this would be accomplished,

“…by machines very similar to those that cut and lift old asphalt from roads that are being repaved. One could picture the continuous surface mining concept as a long shallow trench that migrates sideways across a gravel plain with gravel being removed from the leading edge of the trench, washed, and replaced on the trailing edge. This mining option would be expected to see 95% of the original gravel returned to the excavated area, reshaped to its original topography and re-vegetated with shrubs transplanted from the advancing side of the trench. After mining, there would be little evidence that mining had occurred.”
OLYMPUS DIGITAL CAMERA

“Uranium in layered gravel at Laguna Salada” (courtesy Dr. Keith Barron) (Note: Uranium is the yellow layer near the bottom of this photo. “The gravels are unconsolidated – so you can pick them up with an ordinary shovel.” – Dr. Barron)

Results from the most recent mid-term elections in Argentina, make it unlikely that currently serving President Cristina Kirchner will be able to run for another term in office. Mariano Tommasi, professor of economics at the Universidad de San Andres (Argentina) concludes:

“Most likely the next two years will be a confusing time” with the remainder of Kirchner’s term in spent lame duck status. Tommasi remarks however, that “…at this stage most analysts are inclined to believe that the potential productivity of Argentina’s economy is quite high, and improvements will be forthcoming under better management.”

Argentina, most well known by investors for a number of its established gold and silver mines, has some of the most highly prospective resource sector real estate in the world. As it slowly moves away from some of the policies, which in recent years have arguably produced less than optimum results, producers across the spectrum of natural resources are likely to benefit. This would include farmers growing cash crops, gold and silver explorers and producers, petroleum and natural gas entities. Not to mention an under-appreciated uranium explorer with plans to become a producer, now with a lot going on under the hood…U3O8 Corp.
- See more at: http://investorintel.com/nuclear-energy-intel/u3o8-corp-uranium-exploration-producer-shovel-ready-story/#sthash.hrJx5MMP.dpuf

[Tommy]

$UWEFF - Continuous Surface Mining Scenario to Be Contemplated in Economic Assessment of U3O8 Corp's Laguna Salada Deposit in Argentina for a Potential Low-Cost Project

Improved beneficiation results in 15 times increase in uranium grade

http://finance.yahoo.com/news/continuous-surface-mining-scenario-contemplated-104500439.html

..."TORONTO, ONTARIO--(Marketwired - Sept. 26, 2013) - U3O8 Corp. (UWE.TO)(UWEFF), a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in South America, outlines the positive beneficiation work and one potential mine concept being considered in the Preliminary Economic Assessment ("PEA") that is underway on the Laguna Salada Deposit in Chubut Province, Argentina.

"Given the project's simplicity and the proposed joint venture with Petrominera Chubut S.E., Chubut's provincial mining company, U3O8 Corp's Laguna Salada Deposit is shaping up to be a potentially near-term, low-cost uranium producer that could help Argentina reduce its 100% reliance on imported nuclear fuel," said Dr. Richard Spencer, U3O8 Corp's President and CEO. "The continuous surface mining option being assessed in the PEA would be by machines very similar to those that cut and lift old asphalt from roads that are being repaved. One could picture the continuous surface mining concept as a long shallow trench that migrates sideways across a gravel plain with gravel being removed from the leading edge of the trench, washed, and replaced on the trailing edge. This mining option would be expected to see 95% of the original gravel returned to the excavated area, reshaped to its original topography and revegetated with shrubs transplanted from the advancing side of the trench. After mining, there would be little evidence that mining had occurred."" ...

[Penny Roger$]

$UWEFF ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!

$UWEFF has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
~ http://tinyurl.com/SAR-BUY ~







For a more in Depth study and DD profile, similar to the one contained in this link: ~ http://tinyurl.com/DDexample ~
Click the following link and type ticker or brief message asking me about the DD: ~ http://tinyurl.com/GET-THE-DD ~

What does the scan "Parabolic SAR Buy Signals" mean? Below is an image example and study link.
~ http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:parabolic_sar ~


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~ http://stockcharts.com/school/doku.php?id=chart_school ~


Also don't forget the Ihub Edu Channel.
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[Tommy]

$UWEFF - U3O8 Corp. & Chubut Provincial Government in Advanced Negotiations to Partner on the Laguna Salada Project in Argentina

Aim to Provide Framework to Develop This Potentially Low-Cost, Near-Term Production Project

http://finance.yahoo.com/news/u3o8-corp-chubut-provincial-government-104500890.html

TORONTO, ONTARIO--(Marketwired - Aug. 27, 2013) - U3O8 Corp. (UWE.TO)(UWEFF), a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in South America, is in advanced discussions to enter into a joint venture with Petrominera Chubut S.E. ("Petrominera"), the provincial mining company of Chubut Province, Argentina. The proposed partnership would bring together U3O8 Corp's Laguna Salada Project and adjoining Petrominera concessions for further exploration, resource growth and establish a framework for potential development of the Laguna Salada Deposit in compliance with the stringent requirements of the current provincial mining law.

"This proposed joint venture with Chubut's provincial mining company represents a key milestone on the path to positioning the Laguna Salada Deposit as a potentially low-cost, near-term uranium producer in a country that has a comprehensive and growing nuclear energy program," said Dr. Richard Spencer, U3O8 Corp's President and CEO. "The principal points of our negotiations cover exploration of Petrominera's mineral concessions onto which we believe our Laguna Salada Deposit extends, as well as laying down a framework under which the deposit could be developed on reasonable terms for both parties. With a preliminary economic assessment ("PEA") expected later this year, Laguna Salada is well placed as one of the most advanced uranium projects in Argentina at a time when the country imports 100% of its nuclear fuel and is seeking domestic uranium supply."

Laguna Salada Deposit

U3O8 Corp's Laguna Salada Project is a near-surface, free-digging deposit on which an initial uranium-vanadium resource has been defined in accordance with National Instrument 43-101 ("NI 43-101"). Laguna Salada could be moved into production within a relatively short time-frame using low-cost mining and processing methods. Mineralization lies within three metres from surface in soft, pebbly gravel that requires no blasting or crushing. The plan is that a continuous surface miner would lift gravel onto screens to separate the pebbles and coarse material from the fine, mineralized material. The fine-grained material would be alkaline leached to extract the uranium and vanadium, while the gravel would be continuously returned to the mined area to be recontoured to its original topography and revegetated. This mining method ensures that no open pit is left behind and would comply with current Chubut mining law. Alkaline leach tests on the metal-rich fines extracted 90-94% of the uranium and up to 50% of the vanadium in a short leach time of four hours with a low reagent consumption.

Argentina - A Growing Nuclear Country

Argentina offers a ready market for locally produced uranium as well as regional and international opportunities for U3O8 Corp. The country's leadership across the nuclear fuel cycle and expansion plans are reflected in:

9% of Argentina's electricity is expected to come from nuclear when a third reactor comes online this year. A fourth reactor is out for tender and a fifth reactor is in the planning stages;
A US$240 million loan from the Development Bank of Latin America will be used to extend the life of its Embalse Reactor for 25 years and increase its output by 7%. Westinghouse Electric Company recently won a contract related to this upgrade;
Co-operation agreements with fast-growing nuclear countries, United Arab Emirates, China, South Korea, Russia and Brazil;
Imported uranium is reported to be needed for Brazil's third reactor now under construction - Brazil and Argentina are members of Mercosur, a regional free trade agreement; and
Argentina has its own uranium enrichment facility, produces medical isotopes, has built research reactors for domestic use as well as Australia, Peru, Egypt, and its small reactor design is being considered to power massive desalination plants in Saudi Arabia.

Sources: World Nuclear Association, World Nuclear News, Reuters

About U3O8 Corp.

U3O8 Corp. is an advanced exploration company focused on exploration and resource expansion of uranium and associated commodities in South America. From 2010 to 2012, U3O8 Corp's uranium resources grew 7-fold with three NI 43-101 deposits defined in Colombia, Argentina and Guyana comprising of:

Berlin Deposit, Colombia - a recent PEA shows that Berlin could be a zero cash cost uranium producer thanks to revenue from by-products of phosphate, vanadium, nickel, rare earths (yttrium and neodymium) and other metals occurring in the same deposit;
Laguna Salada Deposit, Argentina - a near surface, free-digging uranium, vanadium deposit that is potentially amenable to low-cost mining and processing methods; and
Kurupung Deposit, Guyana - an initial uranium deposit in a large emerging uranium district.

Additional information on U3O8 Corp., its mineral resources and technical reports are available at www.u3o8corp.com. Follow U3O8 Corp. on Facebook: www.facebook.com/u3o8corp, Twitter: www.twitter.com/u3o8corp and Youtube: www.youtube.com/u3o8corp.

All scientific and technical information in this press release has been prepared under the supervision of Dr. Richard Spencer, P. Geo., President and CEO of U3O8 Corp. and a "qualified person" as defined by NI 43-101. For more on Laguna Salada, refer to the May 20, 2011 technical report: "Laguna Salada Project, Chubut Province, Argentina: NI 43-101 Technical Report: Initial Resource Estimate." available on SEDAR at www.sedar.com.

[Tommy]

$UWEFF - chart update

[Tommy]

Chart update

[Tommy]

$UWEFF - chart update

[Tommy]

Uranium Equities: Time to Stock Up

http://www.u3o8.biz/s/MarketCommentary.asp?ReportID=583696&_Type=Market-Commentary&_Title=Uranium-Equities-Time-to-Stock-Up

Even though uranium prices haven't been experiencing the turnaround that analysts and market watchers have hoped for so far in 2013, the market is not lacking opportunity. With compelling long-term fundamentals, now is the time that investors should look to snatch up some cheap stocks, while waiting for the tides to turn.

Despite having reported a cut in its short term price forecast for uranium, in a recent revision of uranium supply demand fundamentals, Raymond James analyst David Sadowski writes that "we retain conviction of a global shortfall situation commencing in 2014, which should result in sustained, higher uranium prices."

With prices trailing below $50/lb so far this year, Raymond James has reduced its 2013 uranium price forecast to US$45 per pound from $58/lb. However, despite lowering its estimates, the firm feels that uranium has the potential to move towards the $50/lb range by year-end. For 2014, Raymond James sees uranium at $45/lb, and remains bullish on uranium's long term fundamentals, maintaining its original outlook of $70/lb.

Raymond James recommends investors look at "quality uranium equities with compelling near-term catalysts," that can weather current lows and benefit from the inevitable rising price. Among Raymond James' top picks sit Cameco (TSX:CCO), Denison Mines (TSX:DML) and Kivalliq (TSXV:KIV).

Top 3 picks

Cameco is Sadowski's top pick for uranium producer, calling it the "go-to" blue-chip name in the uranium space. The company is a low-cost producer with a low risk profile. Cameco is one of the largest uranium producers with the two top high-grade uranium mines, McArthur River and Cigar Lake, located in Saskatchewan's Athabasca Basin.

Investors should be on the lookout for the start-up of Cigar Lake, slated for mid-year with first production delivered in Q4.

As far as development projects go, Denison is Sadowski's top pick. The company is working on developing its Wheeler River Phoenix deposit located between the McArthur River and McClean Lake mill. Phoenix has roughly 60 million pounds of uranium, at 16.5 percent grading, making it the third highest grade uranium deposit in the world, after Cameco's McArthur River and Cigar Lake deposits. With the finalized acquisition of Fission Energy's assets, Denison is poised to be a premier uranium miner.

Denison has several upcoming catalysts that investors might want to note. The company is working on resuming operations at the McClean Lake mill, as well as starting a summer drill program at Wheeler River.

Raymond James continues to believe that Denison Mines could be a potential takeover target for either Rio Tinto (NYSE:RIO), Cameco or Asian nuclear utilities.

Kivalliq Energy is Raymond James' top exploration company pick. With its projects located outside the Athabasca Basin, the firm views this junior as "one of the most exciting uranium explorecos operating today."

So far, Kivalliq is off to a strong 2013, kicked off by a 60-percent increase in its previous resource estimate for the Lac 50 Trend in January, and new discoveries at the Angilak property in April. For the remainder of the year, Kivalliq has a number of upcoming catalysts that include preliminary results from its 3,000- to 4,000-meter phase 1 drill program at the Angilak deposit, which are expected over the next several weeks, as well as assay results, further drilling during the summer months, followed up by a potential resource update in the new year. The company expects a maiden preliminary economic assessment in early 2014.

Other considerations

Raymond James also had a look at several other uranium companies that could be valuable assets for an investor. The firm looked at Paladin (TSX:PDN), highlighting its improving operations and looming asset sale, which should significantly reduce debt.

UEX Corp. (TSX:UEX) owns 49 percent of Shea Creek, which is noted as one of the largest undeveloped resources in the Athabasca Basin. Raymond James believes the project has "superb exploration upside." Ur-Energy (TSX:URE) is working towards production on Lost Creek in Wyoming; investors should look out for that in late 2013.

[Tommy]

$UWEFF $UWE.V - U3O8 Corp. Consolidates Position as South America's Leading Uranium Exploration Company by Acquiring Calypso Uranium Corp.

http://finance.yahoo.com/news/u3o8-corp-consolidates-position-south-124500997.html

... "Strategic benefits of the combined U3O8 Corp. and Calypso entity include:

Increases strategic land position in an emerging uranium district - Calypso's exploration tenements extend U3O8 Corp's strategic property holdings in the vicinity of the Cerro Solo deposit in Chubut that is currently being drilled by the Argentine State. Our view is that the Cerro Solo deposit is part of a larger uranium district as underscored by Cameco's recent commitment to ongoing drilling in a 30,000-metre drill program underway with its joint venture partner in the area;

Augments dominant land position around Argentina's largest past-producing uranium mine - Calypso's exploration concessions in the Sierra Pintada uranium district in Mendoza dove-tail with U3O8 Corp's already dominant land holdings there, and the combined entity will control the property extensions to Argentina's largest and highest grade uranium deposit;

Strong growth profile for resource expansion - Calypso shareholders will join a fast-growing uranium company that has increased its uranium resources 7-fold since 2010 with clear potential to continue similar resource growth in Colombia, Argentina and Guyana;

Potential low-cost uranium producers emerging in Colombia and Argentina - A recent preliminary economic assessment ("PEA") shows that U3O8 Corp's flagship Berlin deposit in Colombia could be a zero cash cost uranium producer thanks to by-product revenues. In addition, a PEA is underway on U3O8 Corp's near surface Laguna Salada uranium-vanadium deposit in Chubut, Argentina that contemplates low-cost continuous mining techniques;

Strengthened balance sheet - Approximately $4.5 million in cash to fund exploration and enhance the economics of the PEA's by optimizing process flow sheets and infrastructure costs; and

Solidifies position as the leading uranium exploration company in a growing nuclear energy producing country - Argentina is seeking domestic uranium supply to fuel its expanding nuclear generating capacity and recently signed cooperation agreements with China and the United Arab Emirates. When Argentina's third reactor comes onstream this year, 9% of the country's electricity will be derived from nuclear - and a fourth reactor is out for tender. (Source: WNN)" ...

[Tommy]

$UWEFF $UWE.V - U3O8 Corp. Joint Ventures Argentinean Uranium Property to Avocet Resources

http://finance.yahoo.com/news/u3o8-corp-joint-ventures-argentinean-100000311.html

... "TORONTO, ONTARIO--(Marketwire - Mar 4, 2013) - U3O8 Corp. (UWE.TO)(UWEFF), a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in South America, has signed the definitive agreement to joint venture with Avocet Resources Limited (formerly U3O8 Limited) ("Avocet") to explore U3O8 Corp''s 100%-owned Sierra Cuadrada Project in Chubut Province, Argentina (Figure 1). Through this agreement, Avocet may earn a 51% interest in the Sierra Cuadrada Project by spending US$1 million in exploration over a maximum of four years. Avocet will manage the exploration of the project." ...

[Tommy]

$UWEFF $UWE.V - U3O8 Corp. files PEA showing that its Berlin Project in Colombia could be a zero cash cost uranium producer

http://finance.yahoo.com/news/u3o8-corp-files-pea-showing-114500836.html

... "PEA Highlights of the Non-Acetic Option (Pre-Tax Base Case at US$60/lb U3O8)

Revenue of ~$406 per tonne ("t") of mineralized material against an operating cost of ~$201/t;

Uranium cash cost of $0 per pound ("lb"), net of by-product credits;
Net present value ("NPV") at a 10% discount is $223 million;
Internal rate of return ("IRR") of 19% compared with a 17% IRR with the acetic option;

Capital costs of $441 million including sustaining capital of $40 million and a $41 million contingency;

Cumulative cash flow of $982 million over a 15-year mine life; and

Average 1.2 million pounds ("Mlb") of uranium produced annually over the mine life from a 500,000t per year underground operation." ...

[Tommy]

$UWEFF $UWE.V U3O8 Corp. Shows That Berlin Deposit Could Be Zero Cost Uranium Producer - CEO Video

[Tommy]

$UWEFF - UWE.TO - Uranium Price May Spike On Geopolitical Tensions In Africa

http://goldstocktrades.com/blog/2013/01/31/uranium-price-may-spike-on-geopolitical-tensions-in-africa/

[sturm 44]

YOU, THINK THERE ON THE LEVEL TOMMY?

[Tommy]

$UWEFF - UWE.TO - U3O8 Corp. increases its private placement to approximately $3 million

... "Toronto, Ontario – December 20, 2012 – U3O8 Corp. (TSX: UWE; OTCQX: UWEFF), a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in
South America, has increased the size of its recently announced non-brokered private placement to approximately 14,000,000 units (the “Units”) at $0.22 per Unit for total gross proceeds of approximately
$3 million (the “Offering”). Insiders intend to participate, directly or indirectly, in the Offering.

Each Unit shall consist of one common share of U3O8 Corp. (“Share”) and one-half of one common
share purchase warrant (“Warrant”). Each whole Warrant shall entitle the holder to purchase one Share
at $0.30 per Share for a period of 24 months from the closing date." ...

[Tommy]

$UWEFF - UWE.TO - U3O8 Corp. Confirms Positive Economics on Its Berlin Deposit in Colombia

http://finance.yahoo.com/news/u3o8-corp-confirms-positive-economics-114500079.html

PEA shows Berlin could be a zero cash cost uranium producer with considerable growth potential

... "Highlights

Revenue of ~$430 per tonne ("t") of mineralized material against an operating cost of $240/t;
Uranium revenue is cash-flow positive - revenue from by-products, principally phosphate, vanadium and yttrium, more than pays for mining and extraction of the uranium;
Base case pre-tax net present value ("NPV") at a 10% discount is $181 million;
The internal rate of return ("IRR") is 17%;
Capital costs of $437 million that includes sustaining capital of $31 million and a $41 million contingency;
Cumulative cash flow of $892 million over the mine life; and
Average 1.2 million pounds ("Mlb") of uranium produced annually over a 15-year mine life from a 500,000t per year underground mine.

The PEA is based on an initial uranium resource of 1.5Mlb at 0.11% U3O8 Indicated and 19.9Mlb at 0.11% U3O8 Inferred, defined on three kilometres ("km") of the 10.5km mineralized trend at Berlin. Exploration drilling has shown similar grades extend over a further 3.3km of the trend and this area is ready for resource drilling. Trenching shows that the remaining 4.2km of the Berlin trend is mineralized and this portion has yet to be drilled (Figure 1).

"This robust PEA for the Berlin deposit marks a key milestone in providing an independent valuation of our flagship project - and a yardstick by which a value can be derived for U3O8 Corp.," said Dr. Richard Spencer, U3O8 Corp''s President and CEO. "The Berlin PEA demonstrates that we believe U3O8 Corp''s share price is trading at a deep discount based on a resource from just one third of the property. We expect the project economics to improve from this base case as the size of the deposit increases through further resource drilling and efficiencies are realized from ongoing metallurgical test work. Importantly, the PEA shows that the uranium can be mined and recovered from Berlin at a zero cash cost, thanks to the value of the associated commodities."

Dr. Spencer added, "While this milestone has been achieved within just two and a half years of our acquisition of the project, social and environmental work has been undertaken at a similar rapid pace. We are working with the local people to improve education, health and nutrition while developing sustainable projects for further development by the communities. And we are minimizing our exploration footprint and related environmental impact through the use of man-portable rigs and the transport of personnel and equipment by aerial cable systems, for example."" ...

[Tommy]

$UWEFF - UWE.V - CEO Video - Why U3O8 May Be Poised For A Rebound

ttp://www.youtube.com/watch?v=bbxQaTdGTA0&feature=em-uploademail

[greasemonkeyshoes]

New lows.....
I smell blood and it turns me ON. We have a window of buying opportunities opening up,a likely multi-bagger in 5 years!
"Be fearful when others are greedy;be greedy when others are FEARFUL" Warren Buffet

[greasemonkeyshoes]

This stock is highly recommended by King World News and it seems very cheap at a 4-year lows. The latest ER indicates the company has about only $4.0 million cash reserve,barely enough to cover the current Q,will it dilute shares and pps dropped even lower?? Your comments are welcome.

ps-I'm a scavenger buyer,low of the lows,and picking the cutest Zombies company and sit on it for few years,is my thing.

[Tommy]

Uranium Buyers Wait as China Lifts Ban on New Nuclear Plants

http://www.u3o8.biz/s/MarketCommentary.asp?ReportID=556097&_Type=Market-Commentary&_Title=Uranium-Buyers-Wait-as-China-Lifts-Ban-on-New-Nuclear-Plants