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Opportunity Knocks for Uranium StocksThe uranium spot price...

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    Opportunity Knocks for Uranium Stocks

    The uranium spot price isn’t going to soar any time soon like it did last year (unless there’s a war in Iran – and oil supply is crippled). However, the market expects a major shortfall in the world’s uranium supply in 2013, and uranium prices are expected to start creeping up as we get closer to this.

    So what I expect in 2012 is a steady recovery, with the uranium price around $60/lb by December. This would be a great result after last year’s massive fall in uranium prices. It would help bring uranium back onto the menu for investors.
    Energia Minerals:
    Spin off of uranium assets from CNX, Carbon Energy Limited
    Energia inferred resource now stands at Inferred Mineral Resource 16.9Mt @ 350ppm for 13Mlb U3O8 with a target of 20mlbs to 25mlbs, on the basis the conservative target of 20mlb is reached and all the stars aligned:) and a fair value of $8per lb in the ground. That would be $160m / 109.5m shares = $1.50 per share
    Ok, they will need to raise capital, lets say 2 times for $5m to keep them going at current budget. that's $160m / 210m shares = 76 cents per share.
    This is a start, from me anyway
    EMX
    SA Projects,BC4 (EL3680) and LE4 (EL3958) prospective for iron oxide copper gold (IOCG)mineralsiation,
    WA Projects,Carley Bore Uranium Deposit (Nyang Project)Italian Projects Uranium.
    3.4 million cash in bank
    WA based
    Current Price 0.05c
    worth doing some research.
    _________________________________________________________
    Fortune favors the brave
 
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