SOURCE: Paragon Financial Limited

Paragon Financial Limited

September 30, 2011 08:16 ET

Cameco and Uranium One Shares in Free Fall -- Long Term Remains Strong

The Paragon Report Provides Equity Research on Cameco Corp & Uranium One

NEW YORK, NY--(Marketwire - Sep 30, 2011) - Uranium stocks have struggled this month as prices for the radioactive material have plunged. According to the latest quarterly report by Resource Capital Research, uranium prices are down 27 per cent over the past three months and 23 per cent over the past year. The Paragon Report examines investing opportunities in the Uranium Industry and provides equity research on Cameco Corporation (NYSE: CCJ) (TSX: CCO) and Uranium One, Inc. (TSX: UUU) (PINKSHEETS: SXRZF). Access to the full company reports can be found at:

www.paragonreport.com/CCJ

www.paragonreport.com/UUU

Analyst group Resource Capital Research says the dynamics driving the sector have changed in the aftermath of the meltdown, with Germany planning to close all 17 of its nuclear power reactors by 2022.

In the long term, prospects look brighter as China and the United States drive the future of nuclear energy. China's long-term planning agency announced that by 2020 it intended to raise nuclear power's share of the country's total energy production to 112 gigawatts, or 7 percent, up from the previous target of 70 gigawatts. China's nuclear growth plan had come into question following the tragic earthquake and nuclear disaster in Japan earlier this year.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Uranium Industry register with us free at www.paragonreport.com and get exclusive access to our numerous stock reports and industry newsletters.

Uranium explorers that suffered double-digit share price percentage falls in the past one to three months include Cameco, Denison Mines, Uranium One and Paladin.

Cameco, with its head office in Saskatoon, Saskatchewan, is one of the world's largest uranium producers. The company's uranium products are used to generate electricity in nuclear energy plants around the world. The company said it now sees global uranium demand in 2011 at 175 million pounds, compared with a previous estimate of 180 million pounds. It forecasts world uranium demand in 2020 at 225 million pounds, down from an earlier estimate of 230 million pounds.

Uranium One's total attributable production guidance for 2011 remains at 10.5 million pounds and 12.5 million pounds in 2012. The company is one of the world's largest publicly traded uranium producers with a globally diversified portfolio of assets located in Kazakhstan, the United States and Australia.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.paragonreport.com/disclaimer