Uranium Energy Corp. (UEC) Well Ahead Of Goldman Sachs and Investment Community In Pursuing Uranium Boom

Uranium Energy Corp, a uranium exploration and development company holding one of the largest databases of historic uranium exploration and development in the country, is hoping to cash in on a coming uranium boom, based upon an increasing move toward nuclear power and away from fossil fuels. The latest sign that such a boom is well underway is now coming from no less than Goldman Sachs. The huge investment bank has a major energy commodities trading operation, including the actual buying and selling of physical commodities to support its trading of energy derivative contracts.

Until now, Goldman’s focus has been on oil and gas, but it is now moving into the uranium market. The investment bank recently acquired the commodity trading side of Constellation Energy Group, part of which were uranium stockpiles. When Goldman saw the surging demand for uranium from some of its biggest utility clients, it realized the potential and is now making uranium part of its package.

Worldwide demand for uranium (and for uranium exploration companies) continues to grow, while production continues to lag. Uranium Energy Corp. is benefiting from that gap by using its unsurpassed uranium exploration database to identify prime acquisition targets. So far the company has concentrated on promising properties in Texas, Wyoming, New Mexico, Arizona, Colorado, and Utah. This region has a strong history of successful uranium mining, an activity that dried up in the 1980s as nuclear power went out of favor. Today, with the renewed popularity of nuclear power, these proven sites are being reevaluated and UEC is making sure that it’s at the front of the line.

In addition to an unmatched database, UEC is supported by a strong team of managers with decades of hands-on experience in the industry, together with a reputation for excellence. The company is also well financed, a critical and often missing element in the mining industry.

UEC realized long ago what Goldman Sachs and the rest of the investment community is just now beginning to appreciate, that a shift in the energy market is opening up tremendous opportunities for those that are ahead of the game.

For more information, see the company website at www.UraniumEnergy.com.

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