V.UUU is the new big reco from VSAWhile most uranium stocks have skyrocketed over the last year... this tiny company has been sitting on the sidelines... unavailable for public investment.
But make no mistake: This $3 stock is in the game now, and folks with the vision to get in early can expect a staggering triple-digit gain in the next 12 weeks.
Although new to the public, this company is already the third-largest uranium producer on the planet. It has $75 million cash in the bank, and generates 1.4 million pounds of uranium annually.
This company has a star-studded management team stocked with savvy veteran insiders.
And get this: Its chief operating officer has invented a low-cost mining technique (ISL) that allows it to flush uranium out of the ground at a ridiculously low cost of $7 per pound!
With uranium prices currently at nearly $40 per pound, this company's profit margins are enormous! And remember: The world's nuclear plants need 180 million pounds of uranium annually... but only 110 million pounds are being produced. This supply/demand gap will almost certainly push uranium prices higher for years to come.
That means even bigger profits for this $3 uranium stock!
And here's the best part: This company just acquired a lucrative uranium mining project in Kazakhstan. If that country sounds familiar, it's because it is super-rich with natural resources.
In fact, a few years back, a petroleum company named PetroKazakhstan (PKZ) landed an oil project in Kazakhstan and handed early investors a whopping 14,000% gain!
This little-known uranium company could do the same. And while 14,000% is a bit unlikely... I'm absolutely certain a quick triple-digit gain is just around the corner.
The stock currently trades for $3. But not for long...
In the coming weeks, I believe institutional buyers and mutual funds will fight to buy this stock at $7... $14... even $18 per share. With a small market cap of only $650 million, it won't take much volume to send this stock soaring.