Canam Energy, Inc. (CNGJ.PK) Share Prices Increase Over 18.92% Wednesday Morning
Canam Energy’s stock moved up over 18% this morning on approximately 46,000 traded shares. This significant rise is a continuation of an uptrend established the first day of this month. Increases in demand for alternative energy sources, such as nuclear power generated by uranium, have been caused by the continual rise in the cost of electricity, growing concerns over global warming, and the rapid decrease in available fossil fuels. With the increasing use of uranium in electricity production and the rise in mineral demand, the Company has great potential to increase revenues as it anticipates future uranium production from its mines.…