from Casey energy speculator
Dec. 17, 2007
The Ghost of Christmas Future
For the uranium stocks, we predict 2008 will be the year of consolidations. We will see a few of the top juniors join together, then get bought out by larger companies. A prime example is our new company recommendation: Blue Rock Resources (V.BRD, see below for details). In our opinion, a combination/merger with Magnum Uranium (V.MM, another CES recommendation) would make the best junior emerging producer in the United States, with major exploration upside. We also see Ur-Energy (T.URE), because they are flush with cash, possibly buying out both Blue Rock and Magnum to make by far the best near-term producer in the United States. The optimal situation for us is if Denison buys out all three companies, thus becoming without a doubt the most dominating uranium producer in North America next to Cameco
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