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9/22/2013
NBT Research Report
Opening the World’s Next Major Uranium Supply in United States: Initiating Coverage with Strong Buy Rating and 3.5X Upside with $5 Target for 2013
Investment Conclusion:...
Uranerz Energy Corporation Initial CoverageUranerz Energy Corporation (URZ) - an Emerging Growth Company
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Uranerz Energy Corporation has an experienced team of mining personnel, many of whom are former officers, senior management and employees of the original Uranerz Exploration and Mining Limited and related companies (the "Uranerz Group"). The Company also has an advisory board that consists entirely of ex- Uranerz Group professionals. The Uranerz Group was the world's third largest uranium producer when it was acquired in 1998 by Cameco, the world's largest primary uranium producer.
Uranerz Energy Corporation has expertise in the in-situ recovery mining method. Their management team has direct experience in licensing, designing, constructing or operating seven separate in-situ recovery uranium mines located in Wyoming, Texas, Nebraska, and Kazakhstan. Uranerz Energy Corporation is growing and expanding rapidly. It was in July of 2005 that management was able to get its corporate name changed to "Uranerz", a corporate identity most of them had worked with before. This management team has the experience, the contacts, the ability, the competency and the desire to build Uranerz into a significant producer of uranium. |
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