VANCOUVER, British Columbia, Nov. 1, 2006 (PRIMEZONE) -- Near-term uranium supply took a hit last week as Cameco Corp.'s rich Cigar Lake mine, scheduled to begin production in about a year, flooded out. That's knocked the mine's anticipated 7 million pounds in 2008 (to be 18 million pounds two years later -- more than 10% of the world's primary production) out of the supply equation. The project has been set back by at least a year, and it could turn out to be much longer.
Benefiting from Cameco's misfortune are all the junior exploration and development companies with uranium projects on the go. Fundamentals were strong before, but now it's all but assured that the price for the energy metal will be strong for years to come.
The Smartstox Online TV Talk Show, a leading international Internet news portal on small-cap resource companies, is pleased to present web-streamed CEO interviews and corporate profiles for a number of companies with active uranium programs. Viewers to Smartstox.com can sort the profiled companies by the commodity (Products) they're exploring for, making it easy to identify those groups with uranium programs, specifically.
Interviews are available with Monster Copper Corp. (TSX-V:MNS) (http://www.smartstox.com/interviews/mns.php), who has had encouraging results back from the exploration of their uranium holdings in Labrador; Aldershot Resources (TSX-V:ALZ) (http://www.smartstox.com/interviews/alz.php), which has assembled uranium properties in Quebec, BC and northern Australia; and Uranium City Resources (TSX-V:UCR) (http://www.smartstox.com/interviews/ucr.php), which is presently drilling in that famous northern Saskatchewan camp.
To view our full interview line-up visit http://www.smartstox.com. Smartstox.com provides investors with informative investment-related content through video and audio interviews with the management of small cap companies discussing their organization's activities and outlook, along with written profiles of the company. The profiled companies themselves compensate Smartstox.com for production of the materials. Readers are encouraged to read our full disclosure, available at http://www.smartstox.com.