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Uranium Energy Corp (AMEX: UEC) Breaking Out in the Commodity Market

Uranium Energy Corp (AMEX: UEC) is a U.S.-based junior resource company with the objective of becoming a near-term ISR uranium producer in the United States. Uranium Energy Corp controls one of the largest historical uranium exploration and development databases in the country. By utilizing these databases, the company has strategically acquired advanced uranium properties throughout the southwestern United States, including of Texas, Wyoming, New Mexico, Arizona, Colorado and Utah.

Uranium Energy Corp’s strategy of acquiring exploration databases and leveraging those databases to generate acquisition targets has been extremely effective thus far. The company’s management, which is comprised of pre-eminent uranium mining and exploration professionals, plans to continue to aggressively pursue this formula on an ongoing basis.

The metallic element Uranium is on the rise, with its spot price up from $75 a pound in September 2007 to $93 in January 2008. Uranium Energy Corp is well positioned to capitalize on the world’s first significant alternative energy boom.

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