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Uranium Resources, Inc. (URRE) Message Board

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  • hot_hipps hot_hipps May 7, 2011 12:04 PM Flag

    Would go lower

    "URRE has reserves"

    The BOD is not going to spend the money to ISL their ore.
    Read the 10K, they don't have the money.
    And they most likely couldn't raise the money now. To quote Willmott "well...at this point"
    And they can't find a partner willing to go in with them ON THIER TERMS.
    And no one is stepping up to buy the company (although I wouldn't be surprised if HRI is quietly selling some of it's assets).

    Once again, they are less than a year from running out of cash.
    Willmott has made it clear that URI will not secure a loan with HRI ore properties.

    So where they gonna get the next motherload of cash to live off of?

    If you hold URI stock....probably YOU!

    Better listen to all these Technical Analyst boys and girls and go buy some more URRE, quick!
    I'm sure the MM's at Roth would be happy to sell you some of the stock they bought for 39 cents.

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