David Segelov

Uranium: Supply < Demand

I like a few of the Australia Uranium companies such as:

Deep Yellow (DYL.AX)
U308 Corp (UTO.AX)
Giralia (GIR.AX)
Uranium Equities (UEQ.AX)


Also Equinox (EQN in Canada and Australia) mine comes on line in q1 2008 with copper and uranium and looks undervalued.

I tend to favor the companies with near term or actual production. Alot of the smaller companies in Australia are very early stage exploration companies (although alot of data exists from mining in the early 1970's before the prices collapsed).

Additionally, there are export restrictions which need to be lifted at the State level for some of these smaller companies to be successful.