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Versant Partners Initiate Coverage of Uranium Energy Corp (NYSE-AMEX: UEC)

June 9, 2009

Dear Shareholder:

Versant Partners initiated coverage of Uranium Energy Corp (NYSE-AMEX: UEC) on June 8, 2009 with a $2.90 price target and a BUY recommendation. Versant Partners is an investment bank serving institutional money managers and growth companies.

Versant Partners Analyst, Anthona D. Curic, wrote the following statements in the 24-page report:

“We are initiating coverage of Uranium Energy Corp. with a BUY recommendation and a US$2.90 target price. With its Goliad ISR uranium project on the brink of entering production, Uranium Energy Corp. is poised to become the first new ISR uranium producer in the United States. Goliad recently acquired draft approvals for its Mine Permit and its first wellfield Production Area Authorization propelling it to the forefront in the race to production.”

“The Company has a world class management and technical team that coupled with its suite of projects in uranium friendly jurisdictions, provides a platform for near term low-cost production and long-term growth.”

“With all of its assets [currently] in the United States, UEC is poised to help meet the energy needs of the United States and in particular the five reactors currently in Texas, and the six new reactors that are planned to be built. Half of these planned reactors are set to be located in the South Texas Uranium Trend, near UEC’s Goliad and Nichols ISR projects.”

Feel free to give us a call at 1-866-748-1030 if you have questions.

Thank you,
Uranium Energy Corp.

Highlights of our company as an investment opportunity:

‘Security of supply’ premium with all projects in the U.S.

Low cost Texas ISR project poised for 2010 production- the first new uranium mine in the U.S.

Approved Draft Mine Permit, the first draft permit to be issued in over 10 years to a publicly listed company in the U.S.

Extensive pipeline of 34 development and advanced exploration properties in the Colorado Plateau, New Mexico, Wyoming, Arizona, and Texas

Technical team involved with 35 ISR projects in the US - with demonstrated record in discovering, developing and operating ISR and conventional uranium mines

Technical team involved with 35 ISR projects in the US - with demonstrated record in discovering, developing and operating ISR and conventional uranium mines
For further information about Uranium Energy Corp (NYSE - AMEX: UEC), please click: www.uraniumenergy.com or call 1.866.748.1030
 
aus der Diskussion: Uranium Energy (UEC, A0JDRR) Price Target
Autor (Datum des Eintrages): wurstfinger  (09.06.09 14:54:46)
Beitrag: 5 von 45 (ID:37352824)
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