Friday, November 2, 2007 

Uranerz Energy: Developing Uranium Projects in Wyoming

Relatively speaking, its not saying much, but Wyomings Powder River Basin is presently the largest uranium producing area in the United States. Camecos (NYSE: CCJ) Smith Ranch produces over one million pounds of uranium oxide, more than one-third of U.S. uranium production. Because the spot uranium price has now surpassed $50/pound, more uranium development companies expect to profitably produce uranium in Wyoming. Uranerz Energy (Amex: URZ) has initiated environmental licensing and mine planning on two properties, which could make the company one of the leading junior uranium producers in this state. It would also bring more attention to uranium companies bringing their U.S. projects online.

Investors generally miss the boat when evaluating the junior uranium companies. While many accept the fact that only a handful of companies should be producing uranium by 2010, very few understand U.S. and foreign utilities have been negotiating to buy this uranium from companies which have not yet permitted those properties to be mined. Of course, after these announcements are made, the stocks would likely soar if the spot uranium price is sustained above $50/pound. Many of these uranium development projects are reportedly economic at sub-$40/pound uranium. Last week, CIBC World Market set a price target of $70/pound on spot uranium for 2008, which should help boost the sector.

Uranerz Energy is an excellent benchmark for other uranium companies. When we met with the companys Chief Executive Glenn Catchpole in Cheyenne this past February, he explained his company would be building a Chevrolet sort of in situ operation, not a Cadillac. In other words, he would construct an inexpensive, but functional, solution mining facility. These facilities, called in situ leach (ISL) mining or more correctly in situ recovery (ISR) operations, are basically water treatment plants. Oxygenated water is pumped through the sandstone to dislodge the trapped uranium. The uranium is recovered and then processed in a nearby facility. Catchpole believes his company can build an ISR plant for about $10 million, possibly less.

He told us in August his company has an indicated uranium resource on the Hank and Nichols Ranch properties in excess of 13 million pounds of uranium oxide. Both properties are located in Wyomings Powder River Basin. Drilling this past summer confirmed the historically known uranium resource along about 8,500 feet of strike length. The drilling apparently found an additional uranium-mineralized horizon. Before Uranerz issued its news release in August, the company staked another 54 federal mining claims in the immediate area. After thirteen holes were drilled on its Hank property, of which nine encountered uranium mineralization, Uranerz staked or leased another 840 acres near this property. Again, this drilling confirmed historical data. Developments on both properties bode well for the companys prospects.

Investors should separate the junior uranium exploration companies, of which there are about three hundred worldwide, from those which are developing uranium projects in the United States. During the last uranium boom, in the 1970s, major U.S. oil companies spent hundreds of millions of dollars in exploration drilling and delineating uranium deposits. After Three Mile Island, the sector went into a 25-year depression and the oil companies got out of the business. A few industry insiders, such as Catchpole, picked up those nearly developed uranium properties for a song.

A global nuclear renaissance has revived the hopes for many juniors, which means there are too many with too little. We focused on those developing resources, which were in the planning stages before the drought arrived. Quietly, Uranerz Energy assembled its U.S. portfolio, farming out its Canadian and Mongolian uranium exploration prospects to others, who would pay the freight for a potential discovery. As with three similar Wyoming-based uranium companies weve been tracking Strathmore Minerals, UR-Energy and Energy Metals, Uranerz is moving quickly toward commercially mining uranium. Others are still looking for a deposit, and many investors dont realize the last major uranium discovery was about 20 years ago. That one should go into production next year.

Trying to shake further data out of Glenn Catchpole borders upon frustration. He is old school uranium, which means he just goes ahead with his mining project and talks very little about it. In an August telephone conversation, Uranerz chairman Dennis Higgs laughed about how little Catchpole will tell even him about the companys properties. Having worked as a senior executive with Uranerz Exploration, before it was acquired by Cameco, Catchpole was once general manager of Camecos Inkai solution mining project in Kazakhstan. He brought with him many of the senior executives and technical team from the old Uranerz. For example, the companys chief operating officer, George Hartman, was the mines manager for Westinghouses Wyoming Mineral Corporation and has spent more than 35 years in the uranium and minerals sector.

If one is looking for chatty, Uranerz is the wrong place to look. We hounded Catchpole for a number of months with emails and phone calls for some sort of update on his project. At first, he told us he was developing something in Wyoming. As we got to know him better, he told us it was somewhere in the Powder River Basin. We discovered, as did everyone else, how valuable his projects might become in an early August news release. The companys website is just as secretive. This sentence describes the companys Wyoming projects: Based on Uranerz management's in-situ recovery mining experience in the Powder River Basin, the Company feels that it has sufficient critical mass in terms of mineable uranium resources to begin commercial environmental permitting and mine development planning.

Why would anyone put up with this? Our conversations around the uranium sector confirmed what we suspected about Uranerz Energy. Glenn Catchpole is credible. He may be quiet, but he knows how to bring a project into commercial operation. We got the nod from Wyomings Department of Environmental Quality land manager that Catchpole gets the job done right. With a $10 to $30 profit spread per pound of uranium, Uranerz Energy could very well deliver promising future earnings.

According to Catchpole, Uranerz hopes to begin commercial operations sometime in 2008. That may be subject to change, but that is probably the same ballpark date UR-Energy has been talking about. Strathmore Minerals may start around the same timeframe. Energy Metals is concentrating their primary efforts in Texas, but the company did establish an office in Casper, Wyomings largest city, which is also near the Powder River Basin.

What all of this adds up to is this: Uranerz and its Wyoming competitors could uplift U.S. uranium production. At this writing, U.S. utility consumption of uranium outpaces U.S. uranium production by a factor of more than 20 to 1. While we hear the mantra of breaking U.S. dependence on foreign oil, U.S. utilities are at the mercy of foreign-mined uranium. At this time, about one-half of this uranium comes from dismantled Russian nuclear warheads. This ends in 2013 when the US-Russian HEU (highly enriched uranium) swords-for-plowshares deal is terminated. U.S. utilities will be scrambling to fill the gap. And companies such as Uranerz Energy should be producing sufficient uranium to help make up some of that difference.

COPYRIGHT 2007 by StockInterview, Inc. ALL RIGHTS RESERVED.

James Finch contributes to StockInterview.com and other publications. StockInterviews Investing in the Great Uranium Bull Market has become the most popular book ever published for uranium mining stock investors. Visit http://www.stockinterview.com

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The Soccer Jersey - A Matter Of Identity

Nothing identifies the game as much as the soccer jerseys. The jersey is probably the most important part of the uniform. It doesnt matter if it's a club or national team; the soccer jersey is typical and unique of the game. one can tell if a person is using a soccer jersey from miles away, and it is used not only by soccer fans but also because a lot of the jerseys have nice designs and lines to them, which allows people to wear them in practically any occasion.

The soccer jersey has suffered a lot of changes over the years. In the beginning, the jerseys were made mostly out of cotton and were relatively thick in comparison to the modern ones. This was a disadvantage because when the players used to sweat the shirt would get heavier and stick to the body.

Old day soccer jerseys were quite simple as far as design goes, usually white or dark and had polo like collars to them with laces or buttons. Some people dont know this, but the famous Brazilian yellow shirt we see today wasnt always yellow. In fact, it was white with blue collars. This uniform was used until the famous defeat to Uruguay in 1950.

As the years went by, the soccer uniform developed together with the textile industry. Another reason is because the game became more and more popular and more and more competitive.

There was a point where the soccer jersey wasn't cotton anymore and started to be made with synthetic material. This made the jersey much lighter than the cotton ones and doesn't stick to the body as much as the cotton ones. Together with the material change, design changes were being made, especially the colors. Most jerseys still had polo like collars. The more modern soccer jerseys are made with special dry technology material that doesnt get wet and doesn't stick to the player's body.

Nowadays, clubs and national teams use the soccer jersey for marketing strategies, with the name or logo of big companies on the shirt. Soccer fans in general buy a lot of soccer jerseys, especially the jersey with the club they support and their national team. Selling jerseys with the name of famous soccer players brings the sales up quite a lot, especially when these players are well wanted by the fans. It is very common to see jerseys with names like Ronaldinho, Beckham, Zidane, Ronaldo, Henry, Deco, Kak and so many other famous players who are popular with the fans who support the teams they play for but also by soccer fans in general. The national soccer teams are also quite responsible for the selling of jerseys, especially the Brazilian, Argentine, German, Italian, English and French jerseys.

The soccer jersey manufacturers use a lot of marketing to sell their products and even come out with special edition jerseys and other marketing campaigns.

A soccer jersey isn't only a jersey, but it's an identity. It's the love of a fan towards the team he supports, it's like a second skin to some people.

Get all the latest in Soccer know how from the one and only true source at http://www.SoccerDetails.com Be sure to check our soccer jersey pages.

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Creating a Solar Heated Swimming Pool - Part 1

Solar Pool Part 1: Making your swimming pool more efficient

Swimming pools offer a great way to exercise and beat the summer heat. However, installing and maintaining a pool can get expensive. Fortunately, The sun can provide the heat needed to keep your pool warm enough for a nice swim.

Before investing in a solar water heating system for your pools, however make sure that your pool is effeiciently filtering and circulating the water it has. Inefficiency costs money! In fact, installing a smaller higher efficiency pump and running less each day can save up to 75 percent in energy costs.

Which pump you choose depends on the size of your swimming pool, how much it is used and local weather conditions. One study shows that a three-quarter-horsepower or smaller pump is generally sufficient for most residential pools. At the same time, install a larger filter and make sure that pipes are as short and straight as possible. A large cartridge type filter is more efficient that the cheaper diatomaceous earth types. In addition, cartridges require about half as much power to push the water through.

What about circulation? You can save some bucks by simply cutting back on the amount of time the circulation pumps run. Many are set to run 6 to 12 hours a day. However, about one to three hours a day is typically all thats needed to keep water fresh. Cutting back may mean that the pool filter doesnt collect as much debris, but you can skim it off as needed or keep the pool covered.

Whats next? Most of a pools heat loss occurs at the surface where the heated water evaporates or radiates away. A pool cover offers an effective way of keeping heat and water in a pool by reducing surface evaporation. A pool cover can reduce water loss by one third to one half. And each gallon of 80 degree water that evaporates removes about 8,000 BTU from the pool. In addition, reducing water loss also reduces the amount of chemical water treatment required.

The best way to reduce evaporation and even take advantage of the suns radiation is to add a solar cover to your swimming pool. Dark covers hold more heat in than clear or light-colored solar covers. A solar cover can pay for itself in energy savings within the first year, yet they have a lifespan of 3 to 5 years.

One more energy consumption tip for your solar heated pool: Install a windbreak. A fence or plants around a pool can reduce evaporation by 300 percent or more. An effective windbreak must be high and close enough to the pool to block wind from moving across the waters surface, but it cant block sunlight.

Chad Hartman is a solar power supporter and a staff writer for Go-Solar.org. To learn more about solar energy and how you can benifit from it, please visit our site at: http://Go-Solar.org

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