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Haywood Securities Inc. Increases Target Price of Uranium Energy Corp (NYSE-AMEX: UEC)

June 15, 2009

Dear Shareholder:

On Friday June 12th, Haywood Securities Analyst Geordie Mark, Ph.D, increased their target price of Uranium Energy Corp from $2.50 to $3.60 and maintained SECTOR OUTPERFORM rating.

Haywood Securities is one of Canada’s largest and most respected securities dealers.

Dr. Geordie Mark stated;

“Uranium Energy Corp has received the final Draft Mine Permit for Production Area 1 at the Goliad ISR uranium project, Texas. The company earlier announced the Dismissal of a lawsuit filed by Goliad Commissioners against UEC, and Files Q3’09 financial Statements.”

“We are increasing our target to $3.60 with this report, having reviewed our model and market conditions, and consideration for apparent progressively lower risk associated with the project. Market conditions have improved, as indicated by the spectacular YTD UEC performance (up 690%) and dismissal of the lawsuit reduces project risk.”

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
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): Boediger  (15.06.09 15:26:18)
Beitrag: 13 von 45 (ID:37394140)
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