Streetinvesting's sector insight on IMThttps://wachovia.mworld.com/m/mw.asp?lp=GetStory&id=235672711
www.streetinvesting.com: Sector Insight on International Montoro Resources Inc.
Released : Friday, January 05, 2007 4:39 AM
RDATE:05012006
Please visit www.Streetinvesting.com for the full report.
Investors of International Montoro Resources Inc. (TSX-V:IMT) saw phenomenal success Wednesday as shareholders witnessed a 17.50% up-tick accompanied by a trading volume of 1,363,580.
International Montoro Resources Inc. has been attracting the attentions of both investors and analysts recently. This is because shareholders have been seeing a distinct, overall increase in share price throughout the recent past. Our research team began to take a closer look at this Canadian based uranium explorer after noting its increased shareholder activity and stock price and are now interested in what 2007 might be able to bring to International Montoro Resources Inc.'s shareholders.
Amongst the Street Investing staff we possess a great deal of experience in both the Canadian and American markets. One of our favourite sectors is, and always has been, the both exciting and profitable resource sector. Throughout the recent past we have seen many different resource stocks exhibit unbelievable performances, yielding amazing returns. We're sure you can all think of at least one resource play, maybe even in your portfolio, which has performed this way throughout the past year or so. In fact, throughout the past 12 months, both gold and oil seem to be perfect examples of this and have been a key element in the success stories of many.
As profitable as investing in the resource sector can often be, it can also carry with it a great risk. One of the key deterrents many traders have when looking at resource plays to invest in is the overall volatility that the sector has come to be known for.
This brings us to our next point of interest, Uranium. Throughout the past five or so years, uranium, or U3O8, has been nothing short of bullish.
In order to see the element's success, one does not need to look hard. In fact, we will lay it out for you right now in black and white. In the year 2000 the price of uranium was approximately, US$7.00 per pound. As of Jan 1st 2007, U3O8 had a spot price of around US$72.00 per pound. If you do the math, that's a price increase of over 800%. Impressive? We thought so too.
Now, the next question one might ask themself after reviewing these facts is how? Well, there are many answers to that question, but topping that list is quite simply, supply is outstripping demand.
Perhaps the most uranium hungry country at the moment is China. With an increasing population, as well as an insatiable appetite for power, China has plans to build multiple, new nuclear power facilities throughout the next decade.
China is not the only Country that will be increasing its Uranium consumption. World leaders have pledged to more than double the current nuclear energy output within the next 20 years. The United States, Canada, and even European countries are continuing to seek out the benefits of nuclear power. This is because nuclear power remains one of the safest, environmentally friendly, and cost efficient forms of power production known to man.
In comparison to oil, gas, as well as other fossil fuels, nuclear power is being viewed by many as much cleaner and more efficient than oil or gas. Also, with other, "alternative power sources," still not technology advanced enough to compete, Street we feel that Uranium plays are something every resource investor should consider before jumping into the current market.
In some of the most recent news to surface surrounding the aforementioned International Montoro Resources Inc., which we feel may have had an effect on the day's success in the marketplace, as well as an ongoing effect on shareholder outcome, International Montoro Resources Inc., or, "IMT," was pleased to announce it had entered into a Property Acquisition Agreement that facilitates IMT's acquisition of 100% interest in ten mining claims (115 units-approx. 1,840 hectares) in the Sault Ste. Marie Mining Division, Elliot Lake area in Northern Ontario more commonly known as the Serpent River property.
The Serpent River property is located about 13 kilometres east of the town of Elliot Lake on the south limb of the Quirke syncline. Access is afforded by a bush road that crosses the property.
To continue with the full report, more information and research please go to www.streetinvesting.com
Please visit www.streetinvesting.com for a complimentary subscription to access this issuance and other related in-depth articles. Please note that membership does not require credit card information nor does it require a commitment to our service.
We have initiated this news release as a tool to keep investors informed about the market. The information contained herein comes from an unbiased perspective and we do not have a vested interest in the companies mentioned in this release. Becoming a member to www.streetinvesting.com will give you access to all the on-going information and investment news that we come across.
Investors wishing to seek a different approach to their investment theories and concepts and to be informed of unique investment opportunities should also visit www.streetinvesting.com for a free membership.
About Street Investing
Streetinvesting.com has now become a leading online financial newsletter community with thousands of investors from around the world. Our goal is to bring our theories and techniques to investors seeking a different and unique approach to investment ideas. We have a research team that has been built upon the premise of finding companies that we feel may interest investors looking for that unique and tactical edge. More information can be found on our website at www.streetinvesting.com
If you have been brought here under false pretense, please let our staff know by emailing us at support@streetinvesting.com. Please feel free to visit our site for more information and a free membership.
This news release shall not constitute an offer to sell or the solicitation of any offer to buy securities in any jurisdiction.
All material herein was prepared by Streetinvesting.com (Street Investing) based upon information believed to be reliable. The information contained herein is not guaranteed by Streetinvesting.com to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Streetinvesting.com is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Streetinvesting.com may receive compensation in cash or shares from independent third parties or from the companies mentioned.
Streetinvesting.com will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Streetinvesting.com undertakes no obligation to update such statements.
(M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at https://www.presswire.net on the world wide web. Inquiries to info@m2.com).
Copyright 2007 M2 Communications Ltd.
Provider:
M2 Communications / M2 PressWIRE
www.streetinvesting.com: Sector Insight on International Montoro Resources Inc.
Released : Friday, January 05, 2007 4:39 AM
RDATE:05012006
Please visit www.Streetinvesting.com for the full report.
Investors of International Montoro Resources Inc. (TSX-V:IMT) saw phenomenal success Wednesday as shareholders witnessed a 17.50% up-tick accompanied by a trading volume of 1,363,580.
International Montoro Resources Inc. has been attracting the attentions of both investors and analysts recently. This is because shareholders have been seeing a distinct, overall increase in share price throughout the recent past. Our research team began to take a closer look at this Canadian based uranium explorer after noting its increased shareholder activity and stock price and are now interested in what 2007 might be able to bring to International Montoro Resources Inc.'s shareholders.
Amongst the Street Investing staff we possess a great deal of experience in both the Canadian and American markets. One of our favourite sectors is, and always has been, the both exciting and profitable resource sector. Throughout the recent past we have seen many different resource stocks exhibit unbelievable performances, yielding amazing returns. We're sure you can all think of at least one resource play, maybe even in your portfolio, which has performed this way throughout the past year or so. In fact, throughout the past 12 months, both gold and oil seem to be perfect examples of this and have been a key element in the success stories of many.
As profitable as investing in the resource sector can often be, it can also carry with it a great risk. One of the key deterrents many traders have when looking at resource plays to invest in is the overall volatility that the sector has come to be known for.
This brings us to our next point of interest, Uranium. Throughout the past five or so years, uranium, or U3O8, has been nothing short of bullish.
In order to see the element's success, one does not need to look hard. In fact, we will lay it out for you right now in black and white. In the year 2000 the price of uranium was approximately, US$7.00 per pound. As of Jan 1st 2007, U3O8 had a spot price of around US$72.00 per pound. If you do the math, that's a price increase of over 800%. Impressive? We thought so too.
Now, the next question one might ask themself after reviewing these facts is how? Well, there are many answers to that question, but topping that list is quite simply, supply is outstripping demand.
Perhaps the most uranium hungry country at the moment is China. With an increasing population, as well as an insatiable appetite for power, China has plans to build multiple, new nuclear power facilities throughout the next decade.
China is not the only Country that will be increasing its Uranium consumption. World leaders have pledged to more than double the current nuclear energy output within the next 20 years. The United States, Canada, and even European countries are continuing to seek out the benefits of nuclear power. This is because nuclear power remains one of the safest, environmentally friendly, and cost efficient forms of power production known to man.
In comparison to oil, gas, as well as other fossil fuels, nuclear power is being viewed by many as much cleaner and more efficient than oil or gas. Also, with other, "alternative power sources," still not technology advanced enough to compete, Street we feel that Uranium plays are something every resource investor should consider before jumping into the current market.
In some of the most recent news to surface surrounding the aforementioned International Montoro Resources Inc., which we feel may have had an effect on the day's success in the marketplace, as well as an ongoing effect on shareholder outcome, International Montoro Resources Inc., or, "IMT," was pleased to announce it had entered into a Property Acquisition Agreement that facilitates IMT's acquisition of 100% interest in ten mining claims (115 units-approx. 1,840 hectares) in the Sault Ste. Marie Mining Division, Elliot Lake area in Northern Ontario more commonly known as the Serpent River property.
The Serpent River property is located about 13 kilometres east of the town of Elliot Lake on the south limb of the Quirke syncline. Access is afforded by a bush road that crosses the property.
To continue with the full report, more information and research please go to www.streetinvesting.com
Please visit www.streetinvesting.com for a complimentary subscription to access this issuance and other related in-depth articles. Please note that membership does not require credit card information nor does it require a commitment to our service.
We have initiated this news release as a tool to keep investors informed about the market. The information contained herein comes from an unbiased perspective and we do not have a vested interest in the companies mentioned in this release. Becoming a member to www.streetinvesting.com will give you access to all the on-going information and investment news that we come across.
Investors wishing to seek a different approach to their investment theories and concepts and to be informed of unique investment opportunities should also visit www.streetinvesting.com for a free membership.
About Street Investing
Streetinvesting.com has now become a leading online financial newsletter community with thousands of investors from around the world. Our goal is to bring our theories and techniques to investors seeking a different and unique approach to investment ideas. We have a research team that has been built upon the premise of finding companies that we feel may interest investors looking for that unique and tactical edge. More information can be found on our website at www.streetinvesting.com
If you have been brought here under false pretense, please let our staff know by emailing us at support@streetinvesting.com. Please feel free to visit our site for more information and a free membership.
This news release shall not constitute an offer to sell or the solicitation of any offer to buy securities in any jurisdiction.
All material herein was prepared by Streetinvesting.com (Street Investing) based upon information believed to be reliable. The information contained herein is not guaranteed by Streetinvesting.com to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Streetinvesting.com is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Streetinvesting.com may receive compensation in cash or shares from independent third parties or from the companies mentioned.
Streetinvesting.com will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Streetinvesting.com undertakes no obligation to update such statements.
(M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at https://www.presswire.net on the world wide web. Inquiries to info@m2.com).
Copyright 2007 M2 Communications Ltd.
Provider:
M2 Communications / M2 PressWIRE