Uranium Hunter Corporation is a company devoted to the exploration and development of natural resources such as uranium and gold. The Canadian company was founded in early 2003 and since that time has been changing and adapting to meet the needs of a changing world economy. Uranium Hunter knows that the global demand for energy continues to increase at a much faster pace than energy can be supplied. They are also aware that oil and coal are diminishing natural resources, and that alternative sources of energy such as wind and nuclear power are the next generation of energy.
The days of oil costing $15 a barrel and gold at $300 an ounce are a thing of the past, which is making margins for companies such as URHN increase dramatically. As emerging global economies continue to develop at an astronomical pace despite the recent credit crunch, the demand for gold and energy will continue to outpace the supply.
In order to meet the needs of the economy, Uranium Hunter has turned its focus to developing a portfolio of mineral properties in East Africa, which they believe to be the “world’s next mineral frontier”. The move to Africa is crucial for mining an increased amount of uranium oxide in order to keep feeding the need of enriched uranium-fuelled nuclear reactors. The price per pound of uranium is currently hovering around $64, but as more nuclear power facilities are built and they continue to generate power, the potential for uranium oxide to reach upwards of $100 per pound is not out of the question. The current economic environment and global demand for energy because of growth has Uranium Hunter well positioned for significant growth in the near future.
Let us hear your thoughts: Uranium Hunter Corp. Message Board