Topic: How To Invest

Hello Mr. McKeough. Thank you very much for all your recommendations and advice. I enjoy your letters and valuable information supported by great research. Could you please provide your brief evaluation and advice for junior mining companies Ur-Energy, Mega-Uranium, Baja Mining and Eastern Platinum? Thank you very much. Best regards.

Article Excerpt

Ur-Energy, $3.26, symbol URE on Toronto (Shares outstanding: 98.9 million; Market cap: $322.6 million; www.ur-energy.com), is completing the necessary planning and permitting to bring its Lost Creek Wyoming uranium deposit into production. The permits will let Ur-Energy build a facility that will be capable of processing two million pounds of uranium a year. Engineering for the process facility is complete, and the Lost Creek mine is at an advanced stage of planning. Ur-Energy has moved up lately, along with uranium prices and investor interest in uranium stocks. Ur-Energy is okay to hold, but only for aggressive investors. A: Mega-Uranium, $1.00, symbol MGA on Toronto (Shares outstanding: 251.1 million; Market cap: $251.1 million; www.megauranium.com), has exploration interests in uranium properties in Australia, Canada, and Cameroon. The company holds cash of $49.9 million, or $0.20 per share, so it has the funds to continue its exploration activities. Mega-Uranium is okay to hold, but only for highly aggressive investors. A: Baja Mining, $1.05, symbol BAJ…