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U92 Has an Energy Alternative for a World in ChaosBob Moriarty I have watched a short video clip that I believe is of Chuck Baldwin speaking to his congregation where he revealed that nine hundred American soldiers had been killed in the insane Iran war with an additional 5,000 having sustained serious injuries. According to him, the dead and injured are being kept in Germany to prevent American citizens from understanding just how destructive this war has become. As a veteran of 20 months in combat in Vietnam and serving as a Forward Air Controller controlling hundreds of air strikes and artillery missions, I can verify that the vast number of attacks Iran has made on the seventeen US bases in the GCC had to have killed a lot more people than the thirteen admitted by the gang of fools in the White House. Israel is doing similar lying about deaths of the IDF taking place in Lebanon where once again Hezbollah is kicking the shit out of the IDF. They claim to have destroyed over 100 of Israel’s top line tanks in the last month with drones. Israel, too, is hiding causalities from the public. This stupid costly war was planned by Israel over forty years ago. It has nothing at all to do with any fictional Iranian nuclear weapons program or them providing weapons to the enemies of Israel in exactly the same way as NATO and the US do in their proxy war against Russia. It is part of the master plan for the Greater Israel project. It is important to Bibi as a way of keeping out of prison. You see, as long as he is Prime Minister he can’t be tossed in prison for corruption where he deserves to be. And naturally since Epstein has been identified as a Mossad agent tasked to collect examples of corrupt sexual behavior on the part of the ultra-rich and the powerful, Bibi has the 10,000 hours of videos in his office. And since DJT is mentioned in the Epstein files over 38,000 times it is at least possible and indeed probable that he was the star actor in many of the videos controlled by Bibi. While there is not a single case in recorded history of some small meaningless country having total control over the militarily most powerful nation in the world this is a first. If on February 11th of this year Bibi showed a short clip of DJT’s backside moving up and down on a maiden of tender years, we would immediately understand what dragged us into this most dangerous of wars. DJT doesn’t want to see the inside of a jail cell either. Only one country understood the importance of having control over the Strait of Hormuz. Everyone else ignored the danger. Iran has been under attack from the US going as far back as 1953. In 1979 Iran had the audacity to overthrow the corrupt government forced on them by successive US administrations. That couldn’t be allowed so the US has renewed attacks on the country for forty-seven years. Israel began putting plans for an attack into place as far back as forty years ago. General Westley Clark talked about US plans to destroy seven countries in five years from 2001. Iran being the last. Iran has spent the last almost five decades in preparation for such an attack. They understand that having a chokehold on the Strait is a chokehold on the world’s economy. As it stands today, the US and Israel have threatened to totally destroy Iran’s energy infracture and bridges. It can’t be done. Iran is three times the size of France and twice the size of Texas. Israel and the US can murder millions of innocent people, they have vast experience and practice at the art. But they can’t defeat Iran. Iran on the other hand can take out the five desalination plants that Israel depends on for 80% of their fresh water. That would take the country back to being a desert wasteland with seven million pissed off religious fanatics looking for a new home to conduce genocide. It would take Iran about thirty minutes to execute, after all, Iran is not target rich due to its size but Israel is just loaded with juicy targets. If, as the US and Israel attempt to take out Iran’s energy and oil facilities, Iran will take out all of the six GCC’s energy infracture. The missiles are in place and corporals standing by with cigarette lighters just waiting to light the fuses to ignite. If they do, the lights of the world go out and billions will die. That’s where we stand as I write. Israel and the US are a threat to all of humanity and there are no adults in the administration of either. There was an alternative to allowing one single choke spot to become so dangerous. That would be the widespread use of nuclear energy. Europe of course has turned brain dead. The two cleanest forms of energy are natural gas and uranium for nuclear power. Iran has done substantial damage to the LPG plant in Quatar that will take three to five years and billions of dollars to replace. So far the price of natural gas in Europe has doubled. Germany, once a powerhouse in the production of clean and cheap nuclear power shut down their last power plant in 2023. Those are the same stupid bastards that gave Biden permission to blow up the Nord Stream four pipelines. I was contacted a few days ago with a company perfectly positioned to benefit from the stupidity in the Middle East thanks to the religious fanatics in Israel and their insane war. The company is U92 Energy (UTWO-V). While I wasn’t familiar with their Chairman and CEO Adam Clode I am quite familiar with other members of their board and management. It’s a new company only trading since February. U92 has done a deal on an advanced exploration stage uranium project in Guyana on the north coast of South America called the Kurupung property. The details of the transaction are not on the website and the company is too young for a current and complete MDA. In any case Kurupung has an historic 43-101 resource of just over 20 million pounds of U3O8 with a grade of about 0.0700%. Adam Clode, the CEO, set up a conference call with me. He introduced himself and spent five minutes telling me the companies he started, put into production and advanced over his career. My response was to ask him, “So basically you are telling me you can’t hold a job for long?” He laughed. So, did I. It was very funny. But he really did have an impressive CV. The board and management are the same. Ross McElroy is a non-Executive director. He led Fission Uranium Corp into a $1.14 billion buyout in 2024 from Paladin Energy. He is joined as a non-Executive Director by Ambassador Otto Reich, former US ambassador to Venezuela. Jon Wiesblatt is also a non-Executive Director. He runs Trident Resources as CEO. That happens to be one of my favorite companies. And Doctor Richard Spencer is a long-time friend. He was the President of U3O8 that did all of the original work including 88,000 meters of drill core from 129,000 meters of drilling on the Kurupung uranium project. The story is simple. The world needs an alternative, a Plan B as it were, for the Strait of Hormuz. While I believe Oman and Iran will continue to control the Strait of Hormuz, the war has demonstrated the need for alternatives. U92 has one. The company is cheap only because it is brand new. Their peers get $1.83 a pound for U3O8 while U92 trails the pack at $.52 a pound. (Click on images to enlarge)
In comparison to their peers again in terms of grade, U92 stands out with about 15.5 pounds of U3O8 per tonne and the price at about $100 USD per pound. Comparable juniors show an open pit average grade of a 43-101 resource of about 0.048% per tonne while U92 shows a historic resource grade of 0.070%.
Mineralization extends in all directions. U92 begins a 5,000-meter drill program in May and will be releasing results through October. Based on the historic discovery costs U92 management believes they can expand the resource to 50 million pounds for a cost of about $13 million CAD with the cost per pound of discover at about $.31 a pound in USD. In addition management plans on having an updated current 43-101 in Q4 of 2026. U92 is an advertiser. I did not have the opportunity to participate in the last private placement. I have gone into the open market and picked up a magnificent position of 2,000 shares but would like a few more. I am biased so do your own due diligence. U92 Energy Corp ### Bob Moriarty 321gold Ltd |
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