The Company was organized in 1977 to mine uranium in the U.S by using an in situ recovery mining method, a process by which groundwater is fortified with an oxidizing agent and pumped into the ore body causing the uranium contained to dissolve.
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Fool UK
Recs
Catch the falling knife?
Looks like you caught it successfully.
Batting average is not that good, but in this case I got lucky.
I think this is still a great price for URRE. Long-term potential with this, just buy it, lock it in the closet and forget about it for a few years. Tempted. We will buy in at $2.18 if it breaks that level to confirm some of the technicals on it. Not too happy with today's little slip, but we're still monitoring.
http://budurl.com/j2qt