IRVINE, Calif., Dec. 19, 2007 (PRIME NEWSWIRE) -- "Despite the roller coaster in the 2007 uranium spot price that saw the resource rise from $72 at the beginning of the year to a zenith of $136 and a recent sell-off leading to yesterday's price of $90, preeminent minds in the space have glittering expectations for uranium prices," stated SmallCap Sentinel analyst D.R. Clark. "And these optimistic forecasts aren't coming from random voices, they're issued by a top CEO and a respected independent research firm."
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 Uranium Energy Corp. (AMEX:UEC), Denison Mines Corp. (AMEX:DNN), Uranium Resources, Inc. (NASDAQ:URRE) and Uranerz Energy Corp. (AMEX:URZ).
"Earlier this month, Salman Partners' Senior Mining Analyst Ray Goldie and Research Associate Patrick Donnelly predicted that uranium prices could reach $200/lb in the next three to five years due to a lack of new mine supply, citing Russian uranium concerns," Clark added. "This comes on the heels of a recent interview in which Uranium One CEO Neal Froneman made a bold declaration that uranium could hit $150 in 2008 and then supported the forecast with a battery of information," Clark noted.
"These bullish remarks should be most welcomed by investors of uranium equities like Uranium Energy Corp. which has seen share prices fluctuate during a recent sell-off in the uranium sector," Clark continued. "With the flurry of potent announcements streaming from Uranium Energy Corp. over the last few weeks, investors may indeed find that it's time to examine Uranium Energy Corp. at a price grossly discounted to recent highs and amid a chorus of nuclear optimism."
The Salman Partner's remarks are available here: http://www.mineweb.com/mineweb/view/mineweb/en/page38?oid=41692&sn=Detail
The Froneman interview is available online at: http://www.miningmx.com/energy/695846.htm
A StockUpTicks.com profile of UEC is available at: http://stockupticks.com/profiles/12-4-07.html
Uranium Energy Corp. is a U.S.-based junior resource company with the objective of becoming a near-term ISR uranium producer in the United States. The Company controls one of the largest historical uranium exploration and development databases in the U.S. Through the use of these databases, the company has acquired advanced uranium properties throughout the southwestern U.S. For more information, please visit http://www.uraniumenergy.com.
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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 isn't an investment advisor and this report isn't 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.