Canadian Mining Journal


Western Uranium poised for growth with new technology and big resource

In some circles, George Glasier, founder of Energy Fuels (TSX: EFR; NYSE: UUUU) and more recently Western Uranium (CSE: WUC; US-OTC: WSTRF), is thought of as an industry rock star.

During his first year as president and CEO of the wildly successful Energy Fuels – a company Glasier set up in 2006 and is now the largest producer of uranium in the United States – the stock price surged 4500%.

And in the two years since he set up Western Uranium, Glasier has acquired seven past-producing mines, some from Energy Fuels, and all within a 330-km radius in Utah and Colorado. Collectively they contain about 100 million lb of uranium and 36 million lb of vanadium.

Read the entire story at The Northern Miner.