News Focus
News Focus
Followers 461
Posts 37019
Boards Moderated 0
Alias Born 01/11/2004

Re: None

Wednesday, 04/11/2007 2:54:03 PM

Wednesday, April 11, 2007 2:54:03 PM

Post# of 44881
RSDS - Rise in Uranium Price Resurrects Old Mines
http://biz.yahoo.com/pz/070411/117149.html

This sounds like the same thing RSDS is doing.

Wednesday April 11, 9:35 am ET


IRVINE, Calif., April 11, 2007 (PRIME NEWSWIRE) -- ``A recent New York Times article has articulated what attentive uranium enthusiasts have been waiting for, that forgotten uranium mines in the western United States have been revived by the meteoric rise in the spot price of uranium,'' stated SmallCap Sentinel analyst D.R. Clark. ``Now, with the spot price beyond favorable, companies are pursuing past-producing uranium properties that fit their model.''
``For example, Uranium Energy Corp. (OTC BB:URME.OB - News) has entered into an agreement to acquire approximately 5,000 acres in the Uravan Mineral Belt of the Colorado Plateau located in the states of Colorado and Utah, a move that will compliment URME's existing properties in a significant uranium and vanadium-producing region,'' Clark added.

``These properties may not have been acquisition targets at a lower spot price,'' Clark added. ``Now, they're a part of URME's strategic effort to increase near-term production. Perhaps even more interesting is the fact that when the New York Times report was published not long ago, uranium was around $90 per pound. Now it's at $113.''

Uranium Energy Corp's share price has risen from $3.30 on January 9, 2007, the day it was first profiled in StockUpTicks & SmallCap Sentinel, to in excess of $9.00 U.S. recently.

A StockUpTicks.com profile of URME is available at http://stockupticks.com/profiles/1-9-07.html

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 Denison Mining Corp. (CDNX:DML.V - News), Energy Fuels Inc. (Toronto:EFR.TO - News), and Energy Metals Corp. (NYSEArca:EMU - News).

To have your company featured in StockUpTicks or SmallCap Sentinel please use the contact info below.

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 but do not currently and have not owned URME. 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
Kurt Divich, Editor
702-396-1000


--------------------------------------------------------------------------------
Source: SmallCap Sentinel; Uranium Energy Corp.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y