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Uranium outlook powers juniors

Uranium minnows Forsys Metals Corporation and Laramide Resources continued their stellar early-year run in the past week with share price gains of 61.37% and 29.47%, respectively. While uranium prices have only just bounced off rock bottom there is growing confidence among some investors that quality projects and their owners are closer to some time in the sun.

Mining Journal
Drilling at Forsys Metals' Norasa uranium property in Namibia

Drilling at Forsys Metals' Norasa uranium property in Namibia

Forsys’ (CN: FSY) 2015 definitive feasibility study on Norasa in Namibia relied on a “base” uranium price of US$65/lb for an IRR of 32% on a US$433 million project able to yield 5.2 million pounds a year...

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