The company owns several uranium projects and processing facilities in the U.S., including the White Mesa mill in the state of Utah.
However, the uranium mining sector in the country has been slowly dying and there are much better projects in Canada, Kazakhstan, and Africa.
Energy Fuels is bleeding money and I think its assets are close to worthless. The main risk for the bear thesis is a disconnect between uranium prices and the share prices of uranium miners, that emerged a few months ago. Photo by RHJ/iStock via Getty Images You just heard The Prayer for the Dead, my fellow stockholders, and you didn’t say, "Amen." This company is dead. I didn’t kill it. Don’t blame me. It was dead when I got here. It’s too late for prayers. For even if the prayers were answered, and a miracle occurred, and the yen did this, and the […]
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