Uranium One and Dension Mines Look to Rebound in 2012
January 11 2012 - 8:20AM
Marketwired
Uranium stocks are looking to rebound this year after a disastrous
2011. The tragic Fukishima nuclear disaster last March weighed
heavily on spot prices and clouded the long term growth outlook of
the sector. While several European markets -- most notably Germany
-- made policy decisions to cut nuclear energy programs, both China
and the United States are expected to increase their nuclear energy
output going forward. The Paragon Report examines investing
opportunities in the Uranium Industry and provides equity research
on Uranium One, Inc. (TSX: UUU) (PINKSHEETS: SXRZF) and Denison
Mines Corporation (NYSE Amex: DNN) (TSX: DML). Access to the full
company reports can be found at:
www.paragonreport.com/UUU www.paragonreport.com/DNN
A recent press release issued by TradeTech finds that higher
spot volume "prevailed to set a new record of 45.8 million pounds
U3O8" in 2011, surpassing spot transaction volume of 42.8 million
pounds U3O8 in 2010, the highest level recorded in two decades.
"Presently, spot uranium supply remains extremely thin as most
sellers hold firm to offer prices and wait for increased demand
during the first quarter of 2012," TradeTech President Treva E.
Klingbiel explains.
The Paragon Report provides investors with an excellent first
step in their due diligence by providing daily trading ideas, and
consolidating the public information available on them. For more
investment research on the Uranium Industry register with us free
at www.paragonreport.com and get exclusive access to our numerous
stock reports and industry newsletters.
Uranium One is one of the world's largest publicly traded
uranium producers with a globally diversified portfolio of assets
located in Kazakhstan, the United States, and Australia. In late
2011 the company announced that it negotiated definitive commercial
terms for a Russian bond offering for gross proceeds of U.S.$463.5
million with an effective interest rate of 6.74%. "Uranium One
looks forward to completing this precedent setting transaction, the
first ever issuance of bonds by a foreign public company in the
Russian Federation," Chris Sattler, Chief Executive Officer of
Uranium One said.
The Paragon Report has not been compensated by any of the
above-mentioned publicly traded companies. Paragon Report is
compensated by other third party organizations for advertising
services. We act as an independent research portal and are aware
that all investment entails inherent risks. Please view the full
disclaimer at http://www.paragonreport.com/disclaimer
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