SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (10305)4/12/2007 2:05:00 PM
From: Tommaso  Read Replies (2) | Respond to of 30237
 
Yes, it does look as if the pump is on for Yuckymines. I wonder when the dump begins.

I bought some early today, but cannot rationally justify having done so. Of course, I have lost a lot of money in the past on what seemed to me perfectly rational and carefully analyzed investment decisions.



To: TheSlowLane who wrote (10305)4/12/2007 4:25:01 PM
From: russet  Read Replies (1) | Respond to of 30237
 
Sold many of my U producers and near producers except for some Labrador plays and jumped into this around when it listed,...seems to be trending up with the producers.

Uranium Focused Energy Fund - Investment update and over-allotment
TORONTO, April 12 /CNW/ - Middlefield Group, on behalf of Uranium Focused
Energy Fund (the "Fund"), announced today that it has completed the issuance
of an additional 840,000 units for aggregate gross proceeds of $8,400,000
pursuant to the over-allotment option granted to the agents in the Fund's
recently completed initial public offering. The Fund is also pleased to
announce that it has substantially invested the net proceeds of the initial
public offering.

Overview

Uranium Focused Energy Fund is a TSX-listed fund focused predominantly on
the securities of issuers that operate in or have exposure to the uranium
sector, supplemented with securities of other energy related issuers. The Fund
has been designed to capitalize on the view of the Advisor, Middlefield
Capital Corporation, that the uranium sector will continue to provide
attractive opportunities for investment over the next several years. The
strong fundamentals underlying the uranium business include rising demand for
nuclear power on the back of concerns over carbon emissions from coal-based
power generation as well as the high cost of alternative fuels like natural
gas.

Advisor

Middlefield Capital Corporation is a specialty investment manager with
over $4.0 billion in assets under management. Since its inception in 1979,
Middlefield has established a strong reputation as a creator and manager of
unique investment products designed to balance risk and return to meet the
demanding requirements of investment advisors and their clients. Middlefield
has developed particular expertise in the oil and gas, mining and uranium
sectors.

Independent Consultant

Global Fuel Solutions, an independent uranium industry consultant based
in Los Altos, California, has been engaged to provide Middlefield with
analysis and opinion regarding uranium market supply-demand fundamentals and
associated pricing implications. Mr. Clark M. Beyer, Global Fuel's principal,
has over 20 years experience in trading, marketing and consulting in the
international markets for uranium and nuclear fuel. His experience and
expertise includes: analysis of uranium market supply, demand and price
trends; uranium production investment opportunities; fuel market forecasts and
studies; sales and/or purchasing strategies; contract portfolio optimization;
development of international sales and marketing channels; and import/export
and regulatory support.

-------------------------------------------------------------------------
<<
HIGHLIGHTS

Inception March 20, 2007

Net Asset Value/Unit
(April 10, 2007) $10.26

Net Assets $205,500,000

TSX Symbol UF.UN
>>

TOP FIFTEEN

Cameco Corporation
Paladin Resources Ltd.
Denison Mines Corp.
UrAsia Energy Ltd.
Uranium Participation Corporation
BHP Billiton Limited
Energy Metals Corporation
First Uranium Corporation
UEX Corporation
Areva CI
Rio Tinto PLC
SXR Uranium One Inc.
Energy Resources of Australia Ltd.
Ur-Energy Inc.
Major Drilling Group International

SECTOR ALLOCATION

Uranium Companies 78%
Other Energy 12%
Uranium Related 5%
Net Cash 5%

-------------------------------------------------------------------------

For further information: please visit www.middlefield.com or contact
Nancy Tham, Senior Vice-President, at (416) 847-5349 or toll free at
1-888-890-1868