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โ Global Boosts lbs
PLUS: High-grade Uranium in Wyoming
๐ทโโ๏ธ Greetings Contrarian,
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and jump into the pool. ๐โโ๏ธ
๐ Commodity Prices
Source: Trading Economics, Numerco.
๐ Here are the highlights
๐ช Global Boosts lbs
๐ High-grade Uranium in Wyoming
๐ฆ China Is Hungry For This Commodity
๐ช Global Boosts lbs
Global Atomic Corporation (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announced today the results of the updated Dasa Project Feasibility Study, replacing the previous Phase 1 Feasibility Study.
Highlights:
Extended the Dasa Mine Life from 12 to 23 years.
Uranium production from Dasa has increased by 55% to 68.1 million pounds.
Mineral Reserves have increased by 50% to 73 million pounds U3O8.
The stock has been trading above pre-Niger-coup consistently since January 2024 and has been trading sideways. This refresh allows for more realistic costs, and uranium sales are still a conservative $75. Weโre shareholders and like what we see.
๐ High-grade Uranium in Wyoming
Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) announced a compilation of historic eU3O8 grade intervals at its Copper Mountain project, compiled from cross-sections prepared by Anaconda Uranium in 1997.
Highlights:
56 intervals >0.1% eU3O8
8 intervals >0.2% eU3O8
If you donโt know ISR or heap leach in Wyoming, let us fill you in: this is high grade. These cross-sections were found during the Company's ongoing review of proprietary paper-based historical data sets. Someone was literally sitting on this in their basement for decades. Unbelievable. Weโre long.
๐ฐ In Other News
๐ฆ China Is Hungry For This Commodity
accelerate, you say? #Nuclear#NuclearEnergy
โ mrfriebe (@mrfriebe)
6:44 AM โข Mar 5, 2024
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The Editor
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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