Peter HodsonEnergy Metals CorpEMC.TOTOP PICKMar 27, 2006
Low market cap but has some very decent pounds of uranium in the ground. Set to go into production next year in the US and whenever a company goes from explorer to production, it gets revalued. Just completing a 3-way merger so the stock is little bit confused because of this.
On take-over with SSR. At this moment paladin is cheaper (he owns) which is an equivalent type of stock, but isn't involved with a takeover, so he would recommend it over EMC-T
Will be having production in the start of 2008. Have in excess 200 million lbs. All properties are located in the US. One of the better management teams especially in in situ recovery compared to underground or open pit mining. Experts in in situ recovery are very scarce, but this company has them. Very good assets. Expect they will be one of the consolidators in the US.
Will start production in the first quarter of 2008. They have in excess of 200,000 lbs. of uranium. Will be a significant producer in the US. Takeover candidate.
He owns a basket of uranium stocks. This one is a primary holding. Has a lot of uranium in the ground, some of it is proven, and some of it is on its way to be proven. Most of it is in the US.
US assets and a great asset base. Well managed and well financed. Will probably start making profit in 08. The real story here is the supply/demand story of uranium.
Non-producer but working on particular projects to get to production as fast as possible. Own a lot of land and a lot of different potential projects in the US. The US has a huge shortage of uranium.