Chris Ecclestone from Hallgarten and Company just published an article about WUC's vanadium resources at the Sunday Mine Complex:
http://investorintel.com/technology-metals-intel/double-dipping-in-vanadium/
He concludes that WUC is more of a vanadium company than a uranium company, and should consider changing the company's name accordingly. He posits that under President-elect Trump, U.S. vanadium demand will increase.
Why is Ecclestone flogging vanadium production by WUC when Mr. Glasier concedes that reopening the Sunday Mine Complex is uneconomical at current uranium prices? Has Ecclestone even communicated with Mr. Glasier or read WUC's securities filings?
From WUC's amended Form 10 filed with the USSEC:
"The timing for commencement of uranium production is uncertain and is dependent upon a sustained increase in the market price of uranium and the approval of and/or license permitting the use of ablation technology in mining. As such we would require uranium pricing of more than $45 per pound."
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