Uranerz Energy Corp. (AMEX:URZ)
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An exploration stage company, principal business is the acquisition and exploration of uranium and mineral resources.
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An exploration stage company, principal business is the acquisition and exploration of uranium and mineral resources.
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Don't expect it to keep up it's current climb in the near future, as a matter of fact I see this going on sale soon... However... the deactivated bomb U will only hold out so long even IF (and that's a big IF) the Russians decide to continue selling it's deactivated stuff on the market. Once these new reactors come online the current shortfall will become a gaping hole. Make no mistake, this is a long term investment and it's based on the coming demand for Nuclear energy in growing markets (i.e. China, India).
"Make no mistake, this is a long term investment and it's based on the coming demand for Nuclear energy in growing markets (i.e. China, India)." Fully agree, this is one of those ones you snag at these prices and toss in the closet for a few years. The growing markets and need for power that gets away from the standard fossil fuels will only increase. So too will the need for nuclear energy. Regardless of incidents like Chernobyl and Fukushima, I think the world will charge ahead with nuclear power.
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