IRVINE, Calif., April 25, 2007 (PRIME NEWSWIRE) -- "With the New York Mercantile Exchange, the world's largest physical commodity exchange, introducing on and off-exchange traded uranium futures products in May, it may be safe to say that uranium has indeed arrived," stated SmallCap Sentinel analyst D.R. Clark. "This ascension for uranium, coupled with its vertical rise in spot price, certainly suggests that uranium has come of age."
"Meanwhile, uranium centric companies like Uranium Energy Corp. (OTCBB:URME) are looking to monetize the interest and price of uranium with near term production," Clark added. "The enthusiasm for the sector, validated in some part by the New York Mercantile's recent move, gives small cap uranium companies unprecedented opportunity."
"To this end Uranium Energy Corp has announced progress in key areas of exploration and development, such as mine permit process advancing, confirmation drilling continuing to verify historically indicated resources, and positive disequilibrium factors confirmed through laboratory analysis," Clark noted.
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 is developing its advanced-stage Goliad Project in South Texas, with ISR uranium production projected to begin in 2009.
A StockUpTicks.com profile of URME is available at http://stockupticks.com/profiles/1-9-07.html
The 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 Denison Mining Corp. (AMEX:DNN), Uranerz Energy Corp. (AMEX:URZ) and Energy Metals Corp. (NYSE:EMU).
To have your company featured in StockUpTicks or SmallCap Sentinel please use the contact info below.
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 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 but do not currently and have not owned URME. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding the subject companies.