MISSISSAUGA, Ontario, April 4, 2012 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Dually-Listed Junior Miner Looking For a Rise on Uranium Optimism.”
Companies mentioned in this article include Ur-Energy, Inc. (TSX:URE) (AMEX:URG).
The earthquake, tsunami and subsequent nuclear disaster at Japan’s Fukushima Daiichi nuclear plant is nearly 13 months behind us now and it looks like uranium prices have found a bottom and may be ready to see an influx of investing again. Uranium prices plunged more than $70 a pound to $49 following the meltdown and, outside of a pop in November 2011, have settled in the area of $51 for about six months. Even with Japan’s Trade Minister Yukio Edano saying that Prime Minister Yoshihiko Noda will not be making any immediate decisions on restarting two offline nuclear reactors with the upcoming summer power crunch approaching, Resource Capital Research still holds an optimistic outlook for uranium in the next year. “The long term uranium market fundamentals are considered solid, with growth in nuclear power reactors expected, particularly from China and India,” the research firm said in its latest report on the industry.
In the first days of February 2011, shares of Ur-Energy, Inc. (TSX:URE) (AMEX:URG) were peaking at a multi-year high of $3.35. After the catastrophe in Japan, shares of the Littleton, Colorado-based mining company went on an eight-month nosedive to 79 cents each, a level which has proved to be solid support for the technical chart since June of 2009.
The full version of this article can be found at:
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian andUSsite to provide investors inCanadaas well as theUnited Stateswith informative and unique content and information. AllPennyStocks.com runs weekly stocks to watch, has a daily market write-up, provides company spotlights, runs unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, NASDAQ and OTC BB, and much more information for the average investor.
AllPennyStocks.com also runs an email newsletter that aims to uncover stocks that are still under the radar of most investors. Criteria AllPennyStocks.com looks for includes strong revenues, a seasoned management, innovative business plans, among many others. AllPennyStocks.com also looks for companies that announce breaking news, recent 52-week highs/lows, technical breakouts, and other favorable corporate information.
Investors are encouraged to subscribe to the AllPennyStocks.com FREE e-mail newsletter and see what tens of thousands of other investors have already been receiving since 1999. Investors can receive their free newsletter subscription by clicking here: http://www.allpennystocks.com/aps_common/newsletter_free.asp.
AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
Note: AllPennyStocks.com has not received compensation for carrying the above-mentioned company; a full disclaimer can be viewed here: http://www.allpennystocks.com/aps_common/disclaimer.asp.
Leave a comment...