Moves Towards Production & Consolidation.” His dual theme for uranium mining stocks in 2007 is consolidation and U.S. uranium miners offering a security of supply. Reid wrote in his February 14th report, “We expect that the acquisition parade has just begun and will become a common theme in 2007. Moving forward we suggest that the U.S. On the heels of SXR Uranium One’s announcement to acquire UrAsia Energy, one might conclude this could spawn the beginning of widespread consolidation in the uranium sector. In the early morning hours after the $5 billion deal was announced, SXR Uranium One chief executive Neal Froneman emailed StockInterview writing, “Our focus on the U.S. has not changed.” In previous interviews, Mr. Froneman has kindly been transparent in his intentions to not only build up his uranium assets in the United States, but to pursue a senior stock exchange listing, presumably the New York Stock Exchange.

On Tuesday, the Financial Times (UK) reported that investors wanting high-quality exposure to the uranium bull market are basically limited to buying shares in Cameco Corp. Froneman told the newspaper, “The new Uranium One will provide an alternative to Cameco.” He’s right, but there are also two mid-size uranium producers – Denison Mines and Paladin Resources – with sufficient market capitalization to acquire one or more of the smaller uranium juniors. Widely respected Justin Reid, uranium analyst at Sprott Securities, told the Financial Times, “for them to retain market share, they have to do something aggressively, and they have to do it now.”

Justin Reid’s recent thesis, 2007 – Uranium Equities, is appropriately sub-titled, “The Sector Moves Towards Production & Consolidation.” His dual theme for uranium mining stocks in 2007 is consolidation and U.S. uranium miners offering a security of supply. Reid wrote in his February 14th report, “We expect that the acquisition parade has just begun and will become a common theme in 2007. Moving forward we suggest that the U.S. w

U.S. has not changed.” In previous interviews, Mr. Froneman has kindly been transparent in his intentions to not only build up his uranium assets in the United States, but to pursue a senior stock exchange listing, presumably the New York Stock Exchange.

On Tuesday, the Financial Times (UK) reported that investors wanting high-quality exposure to the uranium bull market are basically limited to buying shares in Cameco Corp. Froneman told the newspaper, “The new Uranium One will provide an alternative to Cameco.” He’s right, but there are also two mid-size uranium producers – Denison Mines and Paladin Resources – with sufficient market capitalization to acquire one or more of the smaller uranium juniors. Widely respected Justin Reid, uranium analyst at Sprott Securities, told the Financial Times, “for them to retain market share, they have to do something aggressively, and they have to do it now.”

Justin Reid’s recent thesis, 2007 – Uranium Equities, is appropriately sub-titled, “The Sector Moves Towards Production & Consolidation.” His dual theme for uranium mining stocks in 2007 is consolidation and U.S. uranium miners offering a security of supply. Reid wrote in his February 14th report, “We expect that the acquisition parade has just begun and will become a common theme in 2007. Moving forward we suggest that the U.S.

ity exposure to the uranium bull market are basically limited to buying shares in Cameco Corp. Froneman told the newspaper, “The new Uranium One will provide an alternative to Cameco.” He’s right, but there are also two mid-size uranium producers – Denison Mines and Paladin Resources – with sufficient market capitalization to acquire one or more of the smaller uranium juniors. Widely respected Justin Reid, uranium analyst at Sprott Securities, told the Financial Times, “for them to retain market share, they have to do something aggressively, and they have to do it now.”

Justin Reid’s recent thesis, 2007 – Uranium Equities, is appropriately sub-titled, “The Sector Moves Towards Production & Consolidation.” His dual theme for uranium mining stocks in 2007 is consolidation and U.S. uranium miners offering a security of supply. Reid wrote in his February 14th report, “We expect that the acquisition parade has just begun and will become a common theme in 2007. Moving forward we suggest that the U.S.

or more of the smaller uranium juniors. Widely respected Justin Reid, uranium analyst at Sprott Securities, told the Financial Times, “for them to retain market share, they have to do something aggressively, and they have to do it now.”

Justin Reid’s recent thesis, 2007 – Uranium Equities, is appropriately sub-titled, “The Sector Moves Towards Production & Consolidation.” His dual theme for uranium mining stocks in 2007 is consolidation and U.S. uranium miners offering a security of supply. Reid wrote in his February 14th report, “We expect that the acquisition parade has just begun and will become a common theme in 2007. Moving forward we suggest that the U.S.

Moves Towards Production & Consolidation.” His dual theme for uranium mining stocks in 2007 is consolidation and U.S. uranium miners offering a security of supply. Reid wrote in his February 14th report, “We expect that the acquisition parade has just begun and will become a common theme in 2007. Moving forward we suggest that the U.S. will be a focus, as security of supply, aggressive development plans, and a large resource base waiting for exploitation should be attractive to companies looking for production visibility within a stable political climate.”

As an aside, we phoned Justin Reid to congratulate him on his brilliant and comprehensive 120-page uranium mining report. We also wanted to thank him for joining the growing minority of analysts who view the numerous advanced uranium exploration companies, developing their U.S. assets, as one of the more promising and safer havens for investors – the dominant theme in our articles over the past year. After all, the United States presently operates more than 23 percent of the world’s nuclear reactors and annually consume about 55 million pounds U3O8. By contrast, U.S. uranium production has only recently risen to about three million pounds of mined uranium oxide. U.S. utilities need reassurance there will be security in future supply so this market remains the premier country for uranium mining production for at least the next decade.

Who’s on the Menu?

On Thursday, TheInvestar website reported, “… it must be noted that our uranium index for Canada, as well as Australia, has closed at a record high for the past three days. The juniors are showing strength across the board as well as across contine