Investorideas.com
Search  Follow Investorideas on Twitter  Investorideas is on Facebook  Investorideas is on Google Plus  Investorideas is on Youtube  Investorideas is on Pinterest  Investorideas is on tumblr  Investorideas is on LinkedIn  Investorideas RSS 


Investorideas podcasts on iTunes, Google Play Music and iHeart.com    Investorideas.com potcasts - cannabis news and stocks to watch plus insight from thought leaders and experts    Investorideas.com crypto corner    Play by Play – the latest sports headlines and sports stock news

 

Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner

'Potential Low-Cost Uranium, Vanadium Producer' Warrants a Look

Source: Streetwise Reports

 

July 12, 2018 (Investorideas.com Newswire) An RB Milestone Group report discussed the rationale for investing in this firm.


In a June 20 research note, RB Milestone Group made four key points about Western Uranium Corp. (WUC:CSE; WSTRF:OTCQX), a Colorado-based company that is exploring its uranium and vanadium assets in Colorado and Utah.

1. The company could achieve significant cost savings and efficiencies by capitalizing on its ablation mining technology (AMT), the rights to which it acquired in 2015. By using AMT to process uranium and vanadium ore, Western Uranium could decrease its costs, generate less waste and produce high-grade products. "AMT is capable of reducing ore quantity by up to 90%, thereby reducing downstream transportation and processing costs by approximately 90%," RB Milestone explained. "This technology also increases the recoverable resources by making lower cutoff grades economic." The company is currently awaiting regulatory approval of this patented technology.

2. The company has a resource base that consists of an estimated 70 million pounds of uranium and 35 million pounds of vanadium, the latter with grades between 1.4 and 2%. The resources and grades at specific assets are as follows:

Western Uranium has an agreement in place to supply uranium to a utility firm in the United States. Also, in June 2018, the company entered a joint venture agreement with Battery Mineral Resource Nevada to develop vanadium at the Sage mine.

3. The company has a "strong and qualified management team," according to RB Milestone. To name a few members, George Glasier, the founder, president and CEO, has worked in the uranium industry for more than 40 years and has ample experience in project development and sales and marketing.

Robert Klein, the chief financial officer and previously the company's vice president, has expertise in financial operations, including reporting, public stock listing and corporate transacting.

Michael Rutter, the vice president of operations, has 20-plus years of experience in developing and running mines.

4. The company could benefit from the "expected" increase in the uranium price, currently US$21.50, RB Milestone noted. The factors that should boost the uranium price include increased uranium demand stemming from the growing need for nuclear energy, production cuts by major uranium producers, decreasing uranium stockpiles, and the addition of nuclear reactors around the world. As of Feb. 1, 2018, 57 nuclear reactors were being built, 158 were proposed and 351 were planned for construction.

Western Uranium is trading today at around CA$0.77 per share.

Disclosure:

1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.

2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Western Uranium. Please click here for more information.

3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Western Uranium, a company mentioned in this article.

Disclosures from RB Milestone Group, Western Uranium Corp., June 20, 2018

The information contained herein is not intended to be used as the basis for investment decisions and should not be construed as advice intended to meet the particular investment needs of any investor. RBMG has received a cash fee equal to sixty-five thousand USD from WU in exchange for RBMG consulting services. In this case, consulting services consist of corporate strategy formation, business development, market intelligence and research. These services include the preparation of this report and RBMG helping WU communicate its corporate characteristics to applicable investment and media communities. In addition, RBMG and/or its respective affiliates, contractors, principals or employees may buy, sell, hold or exercise shares, options, rights, or warrants to purchase shares of WU at any time. In the past, RBMG’s principal (“Principal”), through a separate investment fund that was controlled by Principal (“Fund”), purchased 194,444 common shares plus 97,222 warrants to purchase 97,222 common shares of WU from WU. The common shares and warrants came with six-month trade restrictions. Currently, Principal, through Fund, indirectly owns shares and warrants of WU. Principal will directly or indirectly buy, sell, hold or exercise shares, options, rights, or warrants to purchase shares of WU at its lawful discretion and this can happen at any time.


Gold Mining Stocks - Gold Mining Stocks Directory, Gold Stocks News, Research and Resources

Gold-MiningStocks.com - investing ideas in gold and mining stocks

Like Gold Stocks? View our Gold / Mining Stocks Directory

Get News on Mining Stocks


More Info:

Investorideas.com Newswire

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Please read Investorideas.com privacy policy: http://www.investorideas.com/About/Private_Policy.asp



Questrade Democratic Pricing - 1 cent per share, $4.95 min / $9.95 max



Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner