St. LOUIS (ResourceInvestor.com) -- With the uranium bubble almost entirely deflated investors must now rely on a sniper rifle instead of a shotgun if they want to make money in the sector. The tables below are derived from Canaccord's Uranium Universe that we have converted into US dollar equivalents, and then sliced and diced. With time we'll build the list to be more inclusive, but it's a great snapshot of the state of the industry at this time.
With today's announcement by Uracan that it had achieved a National Instrument 43-101 compliant inferred resource of 20 million pounds of U308 the company vaults up the value rankings. It's value is especially notable within Quebec which is otherwise an expensive region for uranium punters. If you price Uracan at average regional values, the implied market cap is several times larger than it is now; that may make for a floor after it got pounded in the broader downdraft as the uranium price crashed.
