Two Investment Publications Issue Positive Reports on Uranium Energy Corp
Dear Shareholder:
In the last week, two additional investment publications have come out with positive reports on Uranium Energy Corp: TheStreet.com and Uraniumletter International. We would like you to see what one very top fund manager and a leading uranium expert are saying about the Company.
On October 20, Greg Greenburg with TheStreet.com interviewed Malcolm Gissen, co-manager of the Encompass Fund based in San Francisco. The Encompass Fund is up 97% year-to-date, and is ranked among the top 1% of all U.S. funds for performance over both the past twelve months and year-to-date. Getting to the core of the interview, Greenburg asked Mr. Gissen for his top stock pick today, and here’s his answer:
“Uranium Energy Corp (NYSE-AMEX: UEC) has a good chance of becoming America’s next producer of uranium. We anticipate that within the next few months, the company will get their final permits to mine uranium in southern Texas and be in production by the end of next year. Why is this important? Uranium is a key component of nuclear-based energy production, which is growing in popularity as an alternative to using fossil fuels. We think uranium prices are headed higher – demand has been outstripping supply for the past five to 10 years.”
Marino Pieterse, editor of Uraniumletter International and based in Amsterdam, prepared an 11-page company profile on UEC and issued it on October 20. Pieterse, through the newsletter, keeps a close eye on all uranium development worldwide. Here are some highlights from this highly positive and detailed report:
“Uranium Energy is included in our short-list of investment recommendations in the worldwide uranium industry as per October 20, 2009… particularly because of the acquisition of Hobson, which is fully permitted, the Company has taken a short-cut to production, which, in our view, will have a further positive effect on its market valuation. Our next share price objective is US$5.50.”
Please give us a call at 1-866-748-1030 if you have any questions.
Thank you,
Uranium Energy Corp
Highlights of Uranium Energy Corp as an investment opportunity:
Poised to become one of the few, new uranium producers in the world
$23M cash on hand, funded to develop and construct our key projects
In-situ recovery, or solution mining, is very low-cost exploration and production
Fast-track permitting process in Texas
Final draft permit and final draft production area authorization issued for Goliad ISR project
Technical team involved with 35 ISR projects in the US
Last major ISR project put into production (in 2005) by UEC team in Texas
'Security of supply' premium with all projects in the U.S.
For further information about Uranium Energy Corp (NYSE - AMEX: UEC), please click: www.uraniumenergy.com or call 1.866.748.1030
Gruß
Pritpal