22 February, 2010
Pinnacle Digest Selects Uranerz Energy As Its First Ever Featured Uranium Company (TOR:URZ)
02/22/2010 [ACCESSWIRE]
www.PinnacleDigest.com / Delta, BC
Demand for uranium is expected to dramatically increase across the globe over the next decade, and as investors we need to be prepared for this. A global initiative is being undertaken to use clean, efficient energy resources and uranium provides the ability to go green, through the use of nuclear power. There has never been such urgency from world leaders to increase their nuclear power production. The United States and China have taken unprecedented action by committing billions of dollars to be utilized for nuclear reactor construction.
The US leads the world with 102 operating nuclear power plants, producing 19% of the country's electricity. President Obama has made it very clear that the US desperately needs to expand its nuclear power production. Obama's recent budget proposal calls for tripling government loan guarantees for new nuclear reactors, amounting to $54 billion in loan guarantees. This followed Obama's pledge in his State of the Union Address on January 27th 2010 when he proposed to heavily expand nuclear power production.
Just this week, The White House announced the planned construction of the first nuclear power plant to be built on American soil in more than 30 years. And the rest of the world isn't standing by to watch.
Mainland China has 11 nuclear power reactors in commercial operation, 21 under construction, and more about to start construction soon. There are currently 56 nuclear reactors under construction worldwide and over 200 more in the planning stages. This will all lead to a continued long term increase in demand for uranium and the companies which mine it.
Last week we told you our team had found a company with nearly $30 million in its treasury, over 300 years of management experience and a Chairman who had his past two most notable companies bought out between $10 and $20 dollars per share. Most importantly, this company has signed multi-year contracts for the sale of its uranium with two world leading nuclear operators in anticipation of its production permits being approved.
The company we are referring to is Uranerz Energy (URZ: AMEX)(URZ: TSX) and we are proud to introduce them to you as our first ever Featured Uranium Company.
Our team first went to meet Uranerz's Chairman and CEO for what was scheduled to be a brief introduction to the company and its plans for the future. Three hours later we walked out of the meeting knowing we had just discovered what would become the most established Featured Company since our inception.
What does it take to be Pinnacle's most established Featured Company to date?
- In 1996 Mr. Glenn Catchpole, Uranerz's CEO, was appointed General Manager and Managing Director of the Inkai uranium solution mining project located in the Republic of Kazakhstan (Central Asia). For those of you who aren't aware of this project, it is on its way to becoming the largest in-situ recovery ("ISR") uranium mine in the world and has helped make Kazahkstan the largest uranium producing country on earth. Mr. Catchpole spent six years taking the Inkai project from acquisition through feasibility study, joint venture formulation, government licensing, environmental permitting, design, construction and the first phase start-up.
- Uranerz is included in four of the Russell Family of Indexes, including the Russell 3000 Index, the Russell 2000 Index, the Russell Microcap Index, and the Russell Global Index.
- Uranerz began its licensing and permitting process in Wyoming over three years ago and is expected to receive these licenses during mid-2010, with anticipated production start in the second half of 2011. A key point to note is that Wyoming has never denied a permit and is considered to be the most mining friendly state in the country. This is a key reason why we are telling you about Uranerz now.
- Uranerz has long-term contracts signed for the sale of uranium with two of the United States' largest nuclear operators, including Exelon (operates the largest nuclear fleet in U.S. and third largest in the world).
- Uranerz controls a large strategic land position in the Powder River Basin of Wyoming. Wyoming happens to be the largest uranium producer in the US and the Powder River Basin has some of the highest grade ISR-amenable uranium deposits in the state.
- Uranerz`s uranium properties in Wyoming neighbor Cameco`s, Areva`s, and Uranium One`s - three of the largest uranium companies in the world.
- Uranerz has a large institutional following, including analyst coverage from Dundee Securities, GMP Securities, Haywood Securities and Versant Partners. All of the analysts have rated Uranerz a BUY or 'Sector Outperform 'with price targets as high as US$2.80. Uranerz currently trades at US$1.77.
Uranerz has the team, the money, the experience, the assets and the sales contracts already in place to help accomplish their goal of becoming a uranium producer in 2011.
Perhaps the most important fact, from an investor standpoint, is that Uranerz's share price is trading at US$1.77, down from US$2.50 only a few months ago and...
To read Pinnacle Digest's entire exclusive research report on Uranerz, visit the link below. Membership is free and comes with access to all our future in-depth reports on Uranerz Energy.
http://www.pinnacledigest.com/articles/vol.-156-uranerz-energy-our-new-featured-company
What is Pinnacle Digest?
Pinnacle Digest is a performance driven online financial magazine which focuses primarily on the resource and technology sectors. We select between 4 and 8 Featured Companies per year and invest in every company we put our name behind. In 2009, on average, the price of the shares for our 7 Featured Companies increased 131%. This percentage average is based on the increase of the price per share of these featured companies from the day our research reports were distributed to our members, to their peak price during our coverage. We welcome all investors to join our online digest today, membership is free.
Contact author of this report: support@pinnacledigest.com
Disclaimer:PinnacleDigest.com is an online financial newsletter owned by Maximus Strategic Consulting Inc. We are focused on researching small-cap and large-cap public companies.
Information in this report has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete. This material is not an offer to sell or a solicitation of an offer to buy any securities or commodity. All statements in this report, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings what are available at www.sedar.com and www.sec.gov .
PinnacleDigest.com and its affiliates, officers, directors and agents have been compensated to perform research on Uranerz Energy and therefore information should not be construed as unbiased. Do not consider this report unbiased as we will be buying shares in Uranerz Energy Corp. and have been paid to advertise on their behalf. Maximus Strategic Consulting Inc., owner of PinnacleDigest.com, has been paid forty-thousand Canadian dollars plus gst for advertisement coverage on Uranerz Energy Corp. The company (Uranerz Energy Corp.) has paid for this service. The service includes but is not limited to the creation and distribution of reports such as this one. We intend to sell every share we purchase of Uranerz Energy Corp. for our own profit. We may sell all of our shares without notice to our subscribers. PinnacleDigest.com is an information service for investors and traders, and is neither a recommendation nor an offer to buy or sell securities. PinnacleDigest.com is not a broker or an investment adviser, and is not acting in any capacity to influence the purchase of any security. PinnacleDigest.com, its officers, directors, employees, and consultants shall not be liable for any damages, losses, or costs of any kind or type arising out of or in any way connected with the use of its products or services. PinnacleDigest.com is not responsible for any claims made by any of the mentioned companies. You should independently investigate and fully understand all risks before investing. Remember, we are not a registered broker-dealer or financial advisor. Before investing in any securities, you should consult with your financial advisor and a registered broker-dealer.
Pinnacle Digest's past performance is not indicative of future results. Any decision to purchase or sell as a result of the opinions expressed in this report OR ON PinnacleDigest.com will be the full responsibility of the person authorizing such transaction. Please view our privacy policy and disclaimer to view our full disclosure at http://www.pinnacledigest.com /articles/privacy-policy-and-disclaimer. Our views and opinions regarding the companies within PinnacleDigest.com are our own views and are based on information that we have received, which we assumed to be reliable. We do not guarantee that any of the companies will perform as we expect, and any comparisons we have made to other companies may not be valid or come into effect. PinnacleDigest.com is often paid editorial fees for its writing and the dissemination of material and the companies featured do not have to meet any specific financial criteria.
The clients represented by PinnacleDigest.com are typically development-stage companies that pose a much higher risk to investors. When investing in speculative stocks of this nature, it is possible to lose your entire investment over time. Statements included may contain forward looking statements, including the Company's intentions, forecasts, plans or other matters that haven't yet occurred. Such statements involve a number of risks and uncertainties. Further information on potential factors that may affect, delay or prevent such forward looking statements from coming to fruition can be found in their specific Financial reports. Maximus Strategic Consulting Inc. is a distributor (and not a publisher) of content supplied by third parties and Subscribers. Accordingly, Maximus Strategic Consulting Inc. has no more editorial control over such content than does a public library, bookstore, or newsstand. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by third parties, including information providers, Subscribers or any other user of The Maximus Strategic Consulting Inc. Network of Sites, are those of the respective author(s) or distributor(s) and not of Maximus Strategic Consulting Inc. Neither Maximus Strategic Consulting Inc. nor any third-party provider of information guarantees the accuracy, completeness, or usefulness of any content, nor its merchantability or fitness for any particular purpose.
Pinnacle Digest Selects Uranerz Energy As Its First Ever Featured Uranium Company (TOR:URZ) Added: (22.02.2010)
Back to invest list
