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Three Analysts Update Buy Recommendations on UEC

Dear Shareholder,

Three analysts have issued updating reports on UEC in response to the Company’s news release on June 22 announcing strong drill results and the discovery of a new exploration zone at the Palangana ISR Uranium project.

Here are some brief highlights and insights from these new reports by independent industry professionals:

Dr. Geordie Mark, uranium analyst with Haywood Securities, noted the following Company highlights:

“Impact: Positive, Discovery of the G-sand trend bolsters promising results from known trends... Drilling is expected to continue on the G-sand trend as well as on the Palangana East trend, and on the Seager-Salvo project. A resource update on Palangana is expected to be complete in Sept ’10, as well as a maiden resource estimate in late Q4’10 on the Seager –Salvo project.”

Alka Singh, Senior Metals & Mining Analyst with Rodman & Renshaw LLC in New York, said the following:

“The new G-sand trend looks promising. Uranium Energy has discovered the new G-sand trend that extends for 4.5 miles. This new trend is the seventh known exploration zone… A total of 19 holes have been drilled along this new trend out of which 5 holes had GT values of 0.3 or higher. Hole 2845 intercepted 17.5 feet of 0.541% U3O8 which is very encouraging. UEC estimate that zones with GT greater than 0.3 will be shown to be producible.”

David Talbot, the uranium analyst with respected Dundee Capital Markets, stated the following:

“G-sand could add pounds by October as UEC continues to refine and define mineralization along the trend...UEC provides investors with a low risk opportunity for near term uranium production exposure…Uranium Energy’s expected low operating costs should make it an attractive investment.”

For more information, please email info@uraniumenergy.com or give us a call 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 is-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  (25.06.10 15:03:59)
Beitrag: 38 von 45 (ID:39738071)
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