PRZOOM - /newswire/ -
Sarasota, FL, United States, 2007/01/24 - StockInterview talked with SXR Uranium One Chief Executive Neal Froneman, who said the company would bounce back from its disappointing setback with RTZ in Wyoming by pursuing other advanced stage projects in the United States.
SXR Uranium One Chief Executive Neal Froneman told StockInterview.com, “We’ve not been sitting on our hands.” Froneman was referring to the ‘disappointing setback’ his company suffered earlier this month when RTZ announced it withdrew its offer to sell SXR the company’s Sweetwater mill and other Wyoming uranium assets.
Froneman told StockInterview, “We have to find other assets in the United States.” Asked when he might announce developments, Froneman responded, “I would say that within this quarter you will see progress. We will be as active as we said we would be.” Froneman said his view on the U.S. has not changed. “Watch the space,” he added.
He has narrowed down his search to advanced assets in Wyoming, Colorado, Arizona and New Mexico. Froneman said, “The assets of interest, and probably should be of interest to most people in our space, are assets that are pretty well advanced. These are the ones that have got good historical assets that you can take through the permitting and feasibility study phases quite quickly. Or assets that are already in the process of being permitted.”
The StockInterview interview with SXR Uranium One’s Chief Executive Neal Froneman can be read in its entirety at stockinterview.com
Stockinterview.com is an online news service, which provides investigative reporting, editorial, analysis and provocative commentary of the nuclear fuel cycle, uranium mining, nuclear power, the environment and the natural resource industry. StockInterview.com has rapidly become the most popular website for uranium mining stocks as a result of its best-selling publication, “Investing in the Great Uranium Bull Market: A Practical Investor’s Guide to Uranium Stocks.”
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