Uranium Energy Corp. (UEC) Prospects Looking Better Every Day
U.S. based exploration and development company Uranium Energy Corp is increasingly seen as being in one of the best positions of any company in the country to benefit from the growing demand for uranium. The company has the objective of near term uranium production in the U.S., and is already far ahead of most, with production possible late 2010 or early 2011. UEC is well financed, with $22 million cash on hand, to develop and construct its lead projects. The company’s main Hobson processing facility in South Texas is fully licensed, with an installed capacity to process 2.5 million pounds…