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WUC has one of the highest proven grades in the world, yet...

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03/04/19

12:16

Post #: 37975751
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Originally posted by andrew a: ↑

Latest update
Glasier on Western Uranium & Vanadium’s processing technology and high-grade Sunday Mine

Published on Mar 26, 2019

All of our assets are in North America. In Western United States. We have got the highest grade vanadium probably in the world. That is why we have got a competitive advantage. Grades are everything no matter what commodity you are in. If you have the grades you have the low cost. That’s what we have certainly in vanadium. With Uranium we have got the technology which makes us the low cost producer. So again it’s the issue of your grades and your technology that drive your cost to the lower percentage of your competitors." States George Glasier, President, CEO and Director of Western Uranium & Vanadium Corp. (CSE: WUC | OTCQX: WSTRF), in an interview with InvestorIntel's Tracy Weslosky.Tracy Weslosky: You are one of the few stocks that actually made people money last year. Can you tell us what made Western Uranium & Vanadium different from many of your competitors?George Glasier: Obviously it’s our vanadium content. Vanadium was the hottest commodity last year. It went from $10 to over $30 and we have got a large high-grade vanadium resource. I credit most of it to the fact that we were in the right commodity at the right time.Tracy Weslosky: Many of our readers have been following the Sunday Mine Complex. We are very excited about the progress towards production. Can you tell us what’s happening?George Glasier: We had an announcement late last year that we are going to open the mine primarily to sample and sent samples to a number of vanadium customers. We are still on track to do that. The best time to open the mine is in the spring. We are working on that. I would say that within the next several months we will see the opening and the beginning of the process, first to sample and then to define the high-grade vanadium resource that was left, without mining the uranium.Tracy Weslosky: Would you mind giving our audience kind of an overview about your competitiveness and include how you are based in North America.George Glasier: All of our assets are in North America. In Western United States. We have got the highest grade vanadium probably in the world. That is why we have got a competitive advantage. Grades are everything no matter what commodity you are in. If you have the grades you have the low cost. That’s what we have got certainly in vanadium. With Uranium we have the technology which makes us the low cost producer. So again it’s the issue of your grades and your technology that drive your cost to the lower percentage of your competitors. That’s where we are.

https://www.youtube.com/watch?v=NX51WmIej78

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WUC has one of the highest proven grades in the world, yet priced as an exploration company?

BLR Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
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