TICKER: VUI:TSX.V; VEGYF:OTCQX
Virginia Energy Resources Inc. is a uranium development and exploration company. It holds a 100% stake in the advanced-stage Coles Hill uranium project in Virginia, U.S. The company is also pursuing active uranium exploration programs in the Otish Basin of Quebec, Canada.
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
The Energy Report Interview with Rob Chang
"Another company that's worth looking at is Virginia Energy Resources Inc. It has probably one of the best uranium projects in the U.S. It's high grade and very large. Although the State of Virginia has a uranium moratorium, it looks like the company is getting very close to pushing through some legislative changes there. If it is successful, that opens up a very solid, high-potential uranium project that would be very beneficial for the U.S., given the security of supply concerns."
The Energy Report Interview with Paul Dimitriadis
"Our principal investment in the uranium sector right now is Virginia Energy Resources Inc., which owns the Coles Hill deposit in Virginia. It's the largest untapped deposit in the U.S. and it would be an economic boon to the area, if developed. The big issue is the moratorium on uranium mining in Virginia, which explains why the stock is so cheap relative to the project size and economic value. The legislature is going to consider a new mining law in the near future and we're hopeful it will pass. If it does, that would obviously revalue this investment, probably making it worth multiples of what it is right now."
Kevin Bambrough, Sprott Resource Corp.
"When the moratorium on uranium mining in Virginia is finally lifted, Virginia Energy Resources Inc. is sitting on a world-class, strategic uranium deposit currently valued at cents on the dollar. The uranium mining moratorium has created a progress gap; it dates from the early 1980s and mining technology and safety have progressed a long way since then. The economics of Virginia Energy's flagship Coles Hill project are compelling for everyone."
Virginia Energy Resources Inc. Content
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