Uranium One UUU.TO

We understand that this is not a Venture stock, however, we believe uranium stocks are bound to make a move up since negative news reports are fading, demand is rising, upcoming new nuclear power plants, and oil prices are starting to rise again.

Ticker UUU.TO

Current price is between $2.30 - support $2.20 - resistances $2.40-$2.50 and $2.80

Market Cap 2.1B

Shares Out. 957.2M

Revenue (FYR) $326.9M

EPS $-0.15

Uranium One is one of the world's largest uranium producer, second largest in Canada. The company is 51.4% owned by ARMZ. They have properties in the Kazakhstan, U.S., and Australia. Other than the currently producing projects, they have many other projects in the works. The Q3 profit beat estimates. The net profit was $45.8M ($0.05/share) compared to last years Q3 a net loss of -$44.8M (-$0.08/share), meaning revenue more than doubled. They expect production to be 11.6M lbs of uranium for the coming year 2012.

Company website http://www.uranium1.com/index.php/en/

You are reminded that you are responsible for your own due diligence. We share in neither your profit nor your losses.