UMC Energy - To Buy Oil/Gas project Kazakhstan

Uranium Resources (UOX) has stated that it will soon acquire a Oil/Gas project in Kazakhstan. It also is currently analysing the results from its prospective uranium resource in Canada which apparently has been compared by some academics to Olympic Dam!

Aims to change its name to UMC Energy

Nuclear power is once again in the headlines as a possible saviour from global warming, and I am sure that I daont have to tell any of you about the supply deficit in the Uranium market as reserves have been used for decades.

I will be pleased to hear any thoughts on this stock