SmallCap Sentinel: A Flood of Interest in Uranium
IRVINE, Calif., Jan. 25, 2007 (PRIME NEWSWIRE) -- "Recent media reports
reflecting pessimism regarding Cameco's ability to quickly restore the
company's flooded Cigar Lake mine in Saskatchewan come as Cameco's
shares have struggled to regain previous highs," stated SmallCap
Sentinel analyst D.R. Clark. "Meanwhile, smaller uranium operations
such as Uranium Energy Corp. (OTCBB:URME) have seen share prices nearly
double in the past few weeks."
"It's an intriguing time for uranium investors whether they're playing
the spot price or investing in uranium related equities," Clark added.
"A company like Uranium Energy Corp. seems to be benefiting from the
perfect storm of Cameco uncertainty, execution of their business plan,
and the general enthusiasm for yellow cake...among other factors."
Uranium Energy Corp. is a U.S.-based junior resource company with the
objective of becoming a near-term ISL uranium producer in the United
States. URME is developing its advanced-stage Goliad Project in South
Texas, with ISL uranium production projected to begin in 2009.
URME controls one of the largest historical uranium exploration and
development databases in the U.S. Through the use of these databases,
URME has acquired advanced uranium properties throughout the
southwestern U.S. This region has historically been the most
concentrated area for uranium mining in the U.S.
A StockUpTicks.com profile of URME is available at
The company was first profiled in the pages of StockUpTicks.com on
January 9, 2007 when the company was trading at $3.30. Shares closed at
$6.20 on January 24, 2007.
The informational report "Uranium for the SmallCap Investor" has been
made available at http://www.SmallCapSentinel.com and will address the
rise of interest in uranium related equities such as Laramide Resources
LTD (TSX:LAM), First Uranium Corp. (TSX:FIU) and Urasia Energy LTD
Statements herein contain forward-looking statements and are subject to
significant risks and uncertainties affecting results.
SmallCapSentinel/StockUpTicks.com are properties of Market Pathways
Financial Relations Inc. (MP). MP provides no assurance as to the
subject company's plans or ability to effect proposed actions and
cannot project capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be
reliable but no representation is made as to accuracy or completeness.
This report is neither a solicitation to buy nor an offer to sell
securities but is rather a paid advertisement provided for information
purposes only and should not be used as the basis for any investment
decision. MP is not an investment advisor and this report is not
investment advice. MP has been paid twenty four thousand dollars by
Uranium Energy for preparation and distribution of this report and
other advertising services over a ninety day period. Additionally, MP
and/or its affiliates, associates and employees from time to time may
have either a long or short position in any securities mentioned. This
constitutes a conflict of interest as to MP's ability to remain
objective in its communication regarding the subject companies.
CONTACT: SmallCap Sentinel/StockUpTicks
Shannon Squyres, Editor
Provider ID: 00112485
-0- Jan/25/2007 6:52 GMT
Press spacebar to pause and continue. Press esc to stop.