Robert Lauzon
Uranerz Energy Corp. (US)
URZ-A
TOP PICK
Nov 29, 2007
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.
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.
(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.
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