Uranium companies are hot on our radar – Making a huge spike back into the markets – a large percentage of our Uranium is derived from foreign soil with only a small percentage in the U.S. – local companies are trying to change that. A few U.S. companies that we like:
UEC – is one of them – with a volatile market and positive news out this could be a great buying opportunity.
Uranium Energy Corp (NYSE-AMEX: UEC, the “Company”) is pleased to announce excellent drilling results at the Company’s 100%-owned Palangana project located in South Texas. In early February, the Company initiated a 215-hole drilling program on six exploration zones at Palangana with the objective to further define and to expand its previously reported Inferred Resources in these zones. This release reports on the 87 holes that have been completed and logged thus far.
CCJ is also on our radar – with some recent news out which has caused a slight drop in the market price, we’ll watch for a bottom as this could be a potential bounce play.
Coalcorp Mining Inc. (“Coalcorp”) (TSX-CCJ), announces that it has entered into a mediation order with AES Gener S.A. (“AES”) which provides that the proceeding initiated by AES seeking a temporary restraining order and preliminary injunction requiring Coalcorp’s subsidiary, Compania Carbones del Cesar (“CDC”), to retain a minimum of USD$30.7 million from the proceeds of the previously announced proposed sale by CDC of the La Francia mine and related infrastructure assets to a subsidiary of The Goldman Sachs Group, Inc. (the “Proposed Transaction”) is discontinued with prejudice.
Read complete press release here
And last – but certainly not least on our watch list is $DNN. Just recently releasing some very positive news, and trading around $1.44 this is an easy buy and could be a great short term gain.
http://www.tradingmarkets.com/news/stock-alert/ccj_ccjff_coalcorp-announces-settlement-of-aes-gener-dispute-and-moving-forward-to-closing-of-proposed-transac-849181.html
