Peter Hodson
International Uranium Corp
IUC-T
BUY
Nov 17, 2005
Had a huge runup and now there's a bit of a pause because the market had to absorb a stock issue they did. Coming in with some pretty decent results as far as grades go. Uranium sector is very much intact and this should get back to its old highs.
A strong believer in uranium. His two favourites are International Uranium (IUC-T) and Western Prospector (WNP-X). International has some US assets which gives it a higher valuation.
A well-run company with good assets and some good potential. Wouldn't be his favourite name, but nothing wrong with it. It's 2/3 times more expensive than some of the other juniors.
Made a production decision, so will be revalued from an asset collector to a producer. A little more favourably disposed to it right now but doesn't own.
They are producing uranium and are going to ramp up different projects. Will produce roughly 4-5 million pounds in 2010. Because uranium is going up, the stock should do well.