IRVINE, Calif., July 12, 2007 (PRIME NEWSWIRE) -- "It looks like the famed and flooded Cigar Lake mine is going to take longer than expected to repair," stated SmallCap Sentinel analyst D.R. Clark. "A Globe & Mail report this morning confirms as much, stating that Cameco's mine situated in one of the world's richest uranium deposits will likely be non-operational until at least 2011, a year later than the previously reported 2010 date."
"Clearly, this is inviting to near-term uranium producers from a simple supply and demand perspective," Clark added. "Hypothetically, it would be like saying that Microsoft will delay the entry of its own iPhone competitor a year longer than anticipated, giving Apple Inc. another year of market share."
The informational report "Uranium for the SmallCap Investor" has been made available at www.SmallCapSentinel.com and will address the rise of interest in uranium related equities such as the aforementioned including Uranium Energy Corp (OTCBB:URME), Uranerz Energy Corp. (AMEX:URZ), and Uranium Resources (Nasdaq:URRE).
Uranium Energy Corp is a US-based junior resource company with the objective of becoming a near-term ISR uranium producer in the United States. The Company is developing its advanced-stage Goliad Project in South Texas, with ISR uranium production projected to begin in 2009. Uranium Energy Corp controls one of the largest historical uranium exploration and development databases in the US. Through the use of these databases, the Company has acquired advanced uranium properties throughout the southwestern US. More information is available at www.uraniumenergy.com.
A StockUpTicks.com profile of URME is available at http://www.stockupticks.com/profiles/1-9-07.html
To be featured in StockUpTicks.com or SmallCap Sentinel please use the contact info below.
To register for periodic reports on emergent public companies, please register at the following link: http://stockupticks.com/register.html
The SmallCap Sentinel logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3664
Statements herein contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SmallCapSentinel/StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to its accuracy or completeness. This report is neither a solicitation to buy nor an offer to sell securities but is rather a paid advertisement provided for information purposes only and should not be used as the basis for any investment decision. MP is not an investment advisor and this report is not investment advice. MP has been paid $24,000 by Uranium Energy for preparation and distribution of this report and other advertising services over a ninety day period. Additionally, MP and/or its affiliates, associates and employees from time to time may have either a long or short position in any securities mentioned. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding the subject companies.