Uranium Investor Information Website: Click Here to Return to Main Page GoldSeek.com GoldReview.com MolySeek.com SilverSeek.com 
Advertise - Bookmark - Contact - - Update Page 
List Sign-Up
E-mail
Subscribe
Unsubscribe


 

Uranerz Energy Corp. (NYSE: URZ): NEW RECOMMENDATION

By: Peter Zihlmann



-- Posted Friday, November 29 2013 | Digg This ArticleDigg It! |

P. ZIHLMANN  INVESTMENT · MANAGEMENT AG

 

Your independent SWISS asset manager      

                              

 

THE TIMELESS PRECIOUS METAL FUND

THE TIMELESS ENERGY FUND (SOON TO ME RENAMED TIMELESS URANIUM FUND)

THE SIERRA MADRE GOLD & SILVER VENTURE CAPITAL FUND

  

Home page of URZ

Chart years 2

 

URANERZ ENERGY COPR: RETURN ON USD 10,000 INVESTMENT

 

Purchase Date

No. of Shares

Purchase Price

Cost (CAD)

Price Today

Value Today

November 22, 2103

10'000

1.05

10'500.00

 

 

Total

10'000

1.05

10'500.00

1.08

10'800.00

Profit

 

 

 

 

300.00

Profit (in %)

 

 

 

 

0%

 

   

SHARES ISSUE / FULLY DILUTED

MARKET CAP

85,795,074 / 103,890,454

USD 90.11M

52 WEEK LOW / HIGH

NYSE

USD 0.80 to 1.64

399,017 (200-day)

RECOMMENDATION

RISK RATING

STRONG BUY

HIGH

 

ISR Uranium Production About to Commence

 

Business Summary

 

Uranerz Energy Corporation is a U.S. mining company focused on near term commercial in-situ recovery ("ISR") uranium production and is currently constructing its first ISR mine in the Powder River Basin of Wyoming.

 

The Uranerz management team has specialized expertise in the ISR uranium mining method, and has a successful track record of licensing, constructing, and operating ISR uranium projects.

 

Uranerz has a processing agreement with Cameco, the world's largest public uranium company and has entered into long-term uranium sales contracts for a portion of its planned production with two of the largest nuclear utilities in the U.S., including Exelon.

 

US Porjects

 

1.     Nichols Ranch: Indicated: 2,949,546 lbs (0.114%)

2.     Hank: M&I: 2,236,050 lbs (0.123%) / Inferred: 246,753 lbs (0.087%)

3.     Jane Dough: M&I: 2,735,432 lbs (0.108%) / Inferred: 240,246 lbs (0.081%)

4.     Reno Creek: M&I: 4,292,948 lbs (0.056%) / Inferred: 142,167 lbs (0.039%)

5.     West North-Butte: M&I: 2,837,015 lbs (0.153%) / Inferred: 2,681,928 lbs (0.120%)

 

           

·         Nichols Ranch: all permits necessary for uranium production at the ISR Uranium Project

·         Plant construction and initial wellfield nearing completion

·         Control a large strategic land position in the Powder River Basin, WY which is the largest uranium producing region in the U.S.

·         Continuing to expand resource base through drilling and/or acquisitions

·         Signed toll processing agreement with Cameco

·         Signed long-term off-take agreements with two major U.S.-based nuclear operators, including Exelon

 

 

 

 

 

WHY NUCLEAR ENERGY?

 

  • Nuclear energy is the most environmentally friendly alternative for electricity generating as the only large-scale viable alternative to fossil fuels (oil, gas, coal)
  • Nuclear energy does not produce greenhouse gas. One gram of uranium produces the same amount of electricity as 3 million tonnes of coal; burning 3 tonnes of coal leads to 7 tonnes of CO2 emission.
  • Responding to the growing public concern over global warming, the Kyoto Protocol (1997) paved the way for nuclear renaissance by striving to reduce greenhouse gas emission of CO2 by 20%. Evidently, nuclear energy cannot be phased out if the requirements of the Kyoto Protocol are to be met.
  • Nuclear energy provides 16% of the world’s total electricity and 28% of European needs, compared to fossil fuels 56%, water power 10%, wind 3% and biomass 3%.
  • Japan wants to restore the number of operating nuclear reactors to 16 by 2014, providing with 18% of its electricity generating requirements. 

The investment Policy of the Timeless Uranium Fund

 

The Fund Company will attempt to achieve maintenance of value and capital growth through the adoption of the following investment policy:

 

  • the Fund may invest up to 10% of its assets in companies that directly invest, deal and/or hold physical uranium;
  • the Fund may invest up to 60% of its assets in uranium producing and new generation producing companies;
  •  the Fund may invest up to 30% of its assets in junior exploration companies. 

Furthermore, if circumstances and market conditions so dictate, the Fund reserves the right to hold up to 50% of its assets in cash, provided, however, that no more than 10% of the assets of the Fund shall be kept on deposit with any one body. This limit may be increased to 30% in respect of money deposited with a credit institution licensed in Malta or in any other EEA State, or with any other credit institution which has been approved by the MFSA.

 

www.timeless-funds.com

 

The Timeless Uranium Fund has not yet been approved by the MFSA.

  

Recent News: Uranerz Announces Third Quarter 2013 Financial Results

 

Casper, Wyoming, November 12, 2013 -- Uranerz Energy Corporation has released its financial results for the quarter ended September 30, 2013 as filed with the United States Securities and Exchange Commission ("SEC") and in Canada with the Canadian securities administrators (on SEDAR).

 

During the nine months ended September 30, 2013, mineral property expenditures totaling $12,762,426 (2012 - $18,117,336) were expensed, including processing facility construction and wellfield expenditures totaling $11,797,330 (2012 - $16,886,003).

 

As of September 30, 2013, the Company has expensed processing facility construction and wellfield expenditures related to its Nichols Ranch ISR Uranium Project totaling $42,831,585 (December 31, 2012 - $31,034,255).

 

 

Fundamental Considerations

 

Proven record of developing projects through to production

 

·         Low-cost uranium production center at Lost Creek

  • Production rates exceeding technical expectations
  • Growth oriented technical & management team
  • Agreement to acquire Pathfinder Mines
  • Approx.15M lbs of estimated historic resources
  • Multiple long-term uranium sales agreements
  • Reducing Company exposure to volatile marketplace
  • Closed US$34 million Wyoming Industrial Development Revenue Bond
  • Continued re-rating likely as Ur-Energy ramps up production 

 

Technical Considerations

 

U3O8 Spot Price (US$/lb, Weekly) and Spot and Term Contract Price (US$/lb, Monthly)

 

 

 

  

Peter Zihlmann

 

 

www.pzim.com  www.timeless-funds.com

 

invest@pzim.ch

 

Telephone        +41 44 268 51 10

CH Mobile        +41 79 379 51 57

MT Mobile        +356 79 79 00 91

 

********************************************************Disclosure: The author has not been paid to write this article, nor has he received any other inducement to do so. The author is a shareholder in the company and will benefit from any increase in the company’s share price.

 

Disclaimer: The author’s objective in writing this article is to invoke an interest on the part of potential investors in this stock to the point where they are encouraged to conduct their own further diligent research. Neither the information, nor the opinions expressed should be construed as a solicitation to buy or sell this stock. Investors are recommended to obtain the advice of a qualified investment advisor before entering into any transactions in the stock.

 

***********************************************************************************


-- Posted Friday, November 29 2013 | Digg This ArticleDigg It! |



© UraniumSeek.com, Gold Seek LLC
The content on this site is protected by U.S. and international copyright laws and is the property of UraniumSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on UraniumSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.


Disclaimer
The views contained here may not represent the views of UraniumSeek.com, its affiliates or advertisers. UraniumSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of UraniumSeek.com, is strictly prohibited. In no event shall UraniumSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.