The Company is engaged in the exploration, development, mining, refining, conversion, and fabrication of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and internationally.
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Uranium supply is not keeping up with demand. Fukushima may have shut down nuclear energy in Germany, but China and India need electricity and they're going to build DOZENS of new nuclear plants in the next decade. It's under appreciated how much impact the Russian warhead uranium recycling deal affects the markets - the supply coming from these recycled warheads is ending this year. Pays a dividend, stable company, well run. Has largest high grade uranium deposit in Saskatchewan