IRVINE, Calif., Jan. 25, 2007 (PRIME NEWSWIRE) -- "Recent media reports reflecting pessimism regarding Cameco's ability to quickly restore the company's flooded Cigar Lake mine in Saskatchewan come as Cameco's shares have struggled to regain previous highs," stated SmallCap Sentinel analyst D.R. Clark. "Meanwhile, smaller uranium operations such as Uranium Energy Corp. (OTCBB:URME) have seen share prices nearly double in the past few weeks."
"It's an intriguing time for uranium investors whether they're playing the spot price or investing in uranium related equities," Clark added. "A company like Uranium Energy Corp. seems to be benefiting from the perfect storm of Cameco uncertainty, execution of their business plan, and the general enthusiasm for yellow cake...among other factors."
Uranium Energy Corp. is a U.S.-based junior resource company with the objective of becoming a near-term ISL uranium producer in the United States. URME is developing its advanced-stage Goliad Project in South Texas, with ISL uranium production projected to begin in 2009.
URME controls one of the largest historical uranium exploration and development databases in the U.S. Through the use of these databases, URME has acquired advanced uranium properties throughout the southwestern U.S. This region has historically been the most concentrated area for uranium mining in the U.S.
A StockUpTicks.com profile of URME is available at http://stockupticks.com/profiles/1-9-07.html
The company was first profiled in the pages of StockUpTicks.com on January 9, 2007 when the company was trading at $3.30. Shares closed at $6.20 on January 24, 2007.
The informational report "Uranium for the SmallCap Investor" has been made available at http://www.SmallCapSentinel.com and will address the rise of interest in uranium related equities such as Laramide Resources LTD (TSX:LAM), First Uranium Corp. (TSX:FIU) and Urasia Energy LTD (TSX-V:UUU).
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 twenty four thousand dollars 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.