UEC: Tightly Held Share Structure

Mickey Fulp, Mercenary Geologist (03/21/2011)
"One of my favorite companies in domestic uranium space is Uranium Energy Corp, which recently opened a new ISR mine in South Texas. UEC has ambitious plans to gradually increase production to 1 Mlb./year through several satellite operations feeding a central processing plant. The company's initial operating costs at the Palangana mine are a very low $18/lb. It has 12 Mlb. of historic and 43-101-qualified resources in all categories in South Texas. Additionally, it controls another 23 Mlb. of historic resources in past-producing districts of New Mexico, Wyoming and Colorado. Uranium Energy Corp has experienced people, a tightly held share structure and $33M in working capital."

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