For the past 20 years, the world has consumed more uranium than we have produced. This deficit has been met with government and military inventories of uranium, this has added 25 million pounds per year mainly as a result of the Highly Enriched Uranium treaty between the U.S. and Russia. However, this treaty expires next year!!!
This is what our members need to know, current consumption is about 180 million pounds per year, but total mine production is only about 135 million pounds per year! There is already a 45 million pound supply deficit, so between this imbalance, and prices depressed from Fukushima, the opportunity in a solid Uranium company is enormous.
This is why we are presenting an already producing uranium company today that trades on the NYSE-AMEX. One that traded for as high as $7 per share pre-Fukushima!
Company: Uranium Energy Corp
NYSE-AMEX: UEC
PPS: $3.72
Website: http://www.uraniumenergy.com
Ranking: Highest Confidence/Long Term Idea Continue reading