Watch some uranium too i guess (COMTEX) B: Uranium Stocks on the Upswing as Chinese Nuclear Demand Grows
B: Uranium Stocks on the Upswing as Chinese Nuclear Demand Grows ( Marketwire )
NEW YORK, NY, Feb 14, 2012 (MARKETWIRE via COMTEX) --
Uranium stocks have performed well in 2012. The Global X Uranium ETF
-- the first ETF to track companies involved in uranium mining -- is
up more than 20 percent this year after collapsing more than 50
percent in 2011 when a Japanese earthquake and tsunami triggered the
worst atomic disaster in 25 years. The Paragon Report examines
investing opportunities in the Uranium Industry and provides equity
research on Uranium Energy Corporation (NYSE Amex: UEC) and Uranium
Resources Inc. (NASDAQ: URRE). Access to the full company reports can
be found at:
www.paragonreport.com/UEC
www.paragonreport.com/URRE
Last week, Canadian Prime Minister Stephen Harper reached an
agreement with China to facilitate uranium exports as part of efforts
to deepen ties between the two nations. The pact will give Canadian
uranium producers more access to China's civilian nuclear power
industry, according to a joint statement released by Harper's office.
The strategic partnership is touted to be worth as much as $3
billion.
"This agreement will help Canadian uranium companies to substantially
increase exports to China, the world's fastest growing market for
these products," Prime Minister Harper said in a statement. As part
of the pact with Canada, China agreed to use any imported uranium
only for peaceful civilian purposes.
The Paragon Report provides investors with an excellent first step in
their due diligence by providing daily trading ideas and
consolidating the public information available on them. For more
investment research on the Uranium Industry, register with us free at
www.paragonreport.com and get exclusive access to our numerous stock
reports and industry newsletters.
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