Jay TaylorUranerz Energy Corp. (US)URZTOP PICKSep 25, 2006
So far they've found 11 million pounds of resources with 20 million possilble. Well connected. May be a takeover target. May be a couple of years before they make money.
Strong management. Uranium play in Wyoming that was drilled out in the 70’s and bringing it back to life. Think they can get a mine up and running in 3 to 4 years. Very close to Cameco’s (CCO-T) and Areva’s (out of France) Properties that currently produce uranium, so there is always the potential for consolidation.
(A Top Pick Sept 25/06. Up 93.8%.) Very bullish on uranium. They have the management talent and the properties in Wyoming. Expect to go into production in 2009.