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Uranium Resources, Inc. (URRE) Message Board

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  • hot_hipps hot_hipps Jan 5, 2012 12:46 PM Flag

    Question for URRE-- longs ?

    I may be wrong, please correct me if so, but if URI was sellin' some of their "stash" through BTIG you would see recurring 8-k filings.
    For some reason they have gone back into the "run deep run silent" mode.
    Once again they have halted their once vociferous SEC filing.
    I could be wrong but if URI was selling their own stock you would know about it.

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    • Also, the following excerpts from the Nov 14, 2011 8K may suggest why the company is "quiet":

      URI’s focus in New Mexico is on the completion of its feasibility study by the end of 2011 to determine the options available to advance its Churchrock/Crownpoint project.

      We expect to have the various scenarios completed by year end so that we can evaluate the best option for advancing to production in the most cost effective manner. We should be in a position during the first quarter of 2012 to review our evaluation of the options and decisions on the project.

    • From pg 24 of the 8-K issued 10/31/11. As it reads, they are only required to report information about the offering quarterly.

      To the extent required under the Securities Act or
      under interpretations by the Commission thereof, as promptly as practicable after the close of each of the Company’s fiscal quarters
      (or on such other dates as required under the Securities Act or under interpretations by the Commission thereof), the Company shall
      prepare a prospectus supplement, which will set forth the number of Placement Shares sold through BTIG during such quarterly
      period (or other relevant period), the Net Proceeds to the Company and the compensation paid or payable by the Company to BTIG
      with respect to such sales of Placement Shares and shall file such prospectus supplement pursuant to Rule 424(b) under the Securities
      Act (and within the time periods required by Rule 424(b) and Rules 430B or 430C under the Securities Act, as applicable) and shall
      file any issuer free writing prospectus that is required to be filed with the Commission within the applicable time period prescribed for
      such filing by Rule 433 of the Securities Act.

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