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Message: UPC is on this List

UPC is on this List

posted on Jul 12, 2008 09:56AM
copied from a post by hayes 2008....thanks
Uranium's Cheapest & Most Expensive Resources

By Tim Wood
07 Jul 2008 at 08:01 PM GMT-04:00

St. LOUIS (ResourceInvestor.com)-- With the uranium bubble almost entirely deflated investors must nowrely on a sniper rifle instead of a shotgun if they want to make moneyin the sector. The tables below are derived from Canaccord's UraniumUniverse that we have converted into US dollar equivalents, and thensliced and diced. With time we'll build the list to be more inclusive,but it's a great snapshot of the state of the industry at this time.

With today's announcement by Uracan that it hadachieved a National Instrument 43-101 compliant inferred resource of 20million pounds of U308 the company vaults up the value rankings. It'svalue is especially notable within Quebec which is otherwise anexpensive region for uranium punters. If you price Uracan at averageregional values, the implied market cap is several times larger than itis now; that may make for a floor after it got pounded in the broaderdowndraft as the uranium price crashed.

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