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03.05

Encompass Fund Managers Address Opportunity with UEC

Dear Shareholder,

We are pleased to report that the founders and money managers of the Encompass Fund, Malcolm Gissen and Marshall Berol, have made another series of highly positive public statements about UEC. The context here was an interview they had in The Energy Report on April 29, last week. As you might recall, the Encompass Fund is one of the best-performing mutual funds in the U.S.

Among other things, Gissen stated, “UEC is likely to become the next American producer of uranium…We like the company’s management and the experience they have in getting into production at reasonable costs…We continue to think it will do very well over the next two years…”

In explaining their bullish disposition about the company, Gissen continued, “Investors are looking ahead and realizing that this company has a very bright future. They’re expanding their resource. They’re getting into production. They have terrific management. They have a good number of very experienced people who have gotten other uranium mines into production and they’re well positioned. They have other resources besides the Texas resources. People are looking for what’s likely to happen to UEC over the next few years.”

For more information, please visit www.uraniumenergy.com, or call us at 1-866-748-1030.

Thank you,
Uranium Energy Corp

About Uranium Energy Corp
Uranium Energy Corp (NYSE-AMEX: UEC) is a U.S.-based exploration and development company with the objective of near-term uranium production in the U.S. The Company’s fully licensed and permitted Hobson processing facility is central to all of its projects in South Texas, including the Palangana in-situ recovery project, which is fully permitted, and the Goliad in-situ recovery project, which is in the final stages of mine permitting for production. The Company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. The Company is well financed to execute on its key programs.

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): bonanzarad  (17.05.10 15:40:55)
Beitrag: 32 von 45 (ID:39532473)
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