Sat, Jul 26, 2014, 3:41 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Uranium Resources, Inc. (URRE) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • aeroboy48 aeroboy48 Apr 12, 2011 10:59 AM Flag

    URRE doesn't have any Uranium inventory

    This info in out of the company's annual report..
    During 2010 we significantly strengthened our balance sheet through the capital raises completed during the year. The approximately $19.1 million raised in 2010 has positioned the Company to move forward with its near term-plans in South Texas and New Mexico and we expect that our current financial resources will allow us to maintain the Company's liquidity for a period of twelve to fifteen months. While the Company believes it has sufficient capital resources to sustain its operating plans, as part of its strategy, it continues to seek opportunities to expand its resource base in both New Mexico and South Texas and such activities would require it to seek additional sources of financing. There can be no assurance that such activities will result in the acquisition of new properties or that we will be able to raise sufficient funds to allow the Company to move forward with such activities.

    During 2010 we significantly strengthened our balance sheet through the capital raises completed during the year. The approximately $19.1 million raised in 2010 has positioned the Company to move forward with its near term-plans in South Texas and New Mexico and we expect that our current financial resources will allow us to maintain the Company's liquidity for a period of twelve to fifteen months. While the Company believes it has sufficient capital resources to sustain its operating plans, as part of its strategy, it continues to seek opportunities to expand its resource base in both New Mexico and South Texas and such activities would require it to seek additional sources of financing. There can be no assurance that such activities will result in the acquisition of new properties or that we will be able to raise sufficient funds to allow the Company to move forward with such activities.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
URRE
2.53+0.04(+1.61%)Jul 25 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.