"One of the best [near-term uranium producers] is Uranerz Energy Corp., which just closed on a $20 million loan from the state of Wyoming and announced a new president that came from Cameco. I like its strategic land position in the Powder River Basin. Uranerz is coming into production and should be a takeout target. It has offtake arrangements with some of the largest nuclear utilities in the U.S. It has a processing agreement with Cameco. It should be in construction in Q1/14 with the help of the recently closed low-cost loan from the state of Wyoming. It will be one of the few juniors that will be able to bring in some revenue and sales in a commodity that's highly in demand."
(12/10/13)
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The Mining Report Interview with Jeb Handwerger
"One of the best [near-term uranium producers] is Uranerz Energy Corp., which just closed on a $20 million loan from the state of Wyoming and announced a new president that came from Cameco. I like its strategic land position in the Powder River Basin. Uranerz is coming into production and should be a takeout target. It has offtake arrangements with some of the largest nuclear utilities in the U.S. It has a processing agreement with Cameco. It should be in construction in Q1/14 with the help of the recently closed low-cost loan from the state of Wyoming. It will be one of the few juniors that will be able to bring in some revenue and sales in a commodity that's highly in demand."
(12/10/13)
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The Mining Report Interview with Jeb Handwerger
"Coalspur Mines Ltd. announced it has entered into agreements with the Ermineskin Cree Nation and the Whitefish (Goodfish) Lake First Nation in relation to the development of Vista. . .the company reports that it is continuing discussions with these two parties and believes that their concerns can be appropriately dealt with. We remain optimistic that all of the outstanding concerns can eventually be resolved."
(12/6/13)
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Mike Plaster,
Salman Partners
"We are resuming coverage on Madalena Energy Inc. following close of the company's $12.2M financings. . .we continue to believe the company is a sum-of-the-parts story, with both Canada and Argentina offering strong upside potential. . .we reiterate our Buy rating."
(12/6/13)
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Darrell Bishop,
National Bank Financial
"There is significant upside potential for Energy Fuels Inc., the leading conventional uranium producer in the U.S. Higher uranium prices could lead to a six-fold jump in production."
(12/4/13)
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Thomas Pfister,
RedChip Companies Inc.
Robert J. Moriarty