1. Limited Resources - Virginia Energy Resources Inc has limited financial resources compared to its peers, which may limit its ability to invest in new projects and expand its operations.

2. Lack of Diversification - The company's focus on uranium exploration and development may limit its ability to diversify its revenue streams and mitigate risks associated with a single commodity.

3. Regulatory Risks - The uranium industry is subject to strict regulations, which may increase the company's compliance costs and limit its ability to operate in certain jurisdictions.

4. Market Volatility - The price of uranium is highly volatile, which may impact the company's profitability and financial performance.

5. Dependence on Partnerships - Virginia Energy Resources Inc relies heavily on partnerships and joint ventures to fund its projects, which may limit its control over the development process and expose it to partner risks.

6. Limited Market Presence - The company has a relatively small market presence compared to its peers, which may limit its ability to attract investors and secure financing for its projects.

7. Environmental Concerns - Uranium mining and processing can have significant environmental impacts, which may lead to public opposition and regulatory challenges for the company.