SOURCE: Maybach Financial Group

Maybach Financial Group

October 15, 2007 03:53 ET

The Canadian Advantage: Report on UTS Energy Corporation (TSX: UTS), Uranium One Inc. (TSX: UUU) and Forest Gate Resources Inc. (TSX-V: FGT)

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Maybach.

GRANDE BAY, MAURITIUS--(Marketwire - October 15, 2007) - Comments made in this release are those of Maybach Financial Group and any questions or comments should be directed to the contact information located at the bottom of this release.

Maybach Financial Group is a syndicate of financial analysts, with a core group representing over 250 years of total investing experience. Our focus is to give investors the financial advantage necessary to sustain profit all markets. This week, to gauge the outcome of the markets, we are focusing on UTS Energy Corporation (TSX: UTS), Uranium One Inc. (TSX: UUU) and Forest Gate Resources Inc. (TSX-V: FGT). For the full report, visit www.maybachfinancial.com

The Maybach Financial Group www.maybachfinancial.com will be researching the above-mentioned companies to determine their chances of a turnaround opportunity for investors. Visit www.maybachfinancial.com for a complimentary subscription to the Maybach service and receive at no cost our "Special Report#1: The Pick of the Decade" plus a second free report "Special Report #2: Hearing is Believing." No credit card or payment information is required.

With an estimated 2.5 trillion barrels of bitumen in place, Canada's oil sands are one of the world's largest crude oil resources. In total, 175 billion barrels may be recoverable with current technologies, 315 billion barrels ultimately recoverable of which less than 20% will be accessed using mining technology. Oil sands represent the future of oil production in the western Canadian sedimentary basin, more than offsetting the decline in conventional production we are currently observing. According to Alberta Energy, oil sands production including marketable bitumen and upgraded synthetic crude oil, accounts for nearly half of Canada's crude output and 10% of North America's output.

Oil sands are composed primarily of sand, bitumen, mineral rich clays and water. Bitumen in its raw state is a heavy, viscous, crude oil. The bitumen is separated from the sand and clay in the extraction plant and subsequently cleaned in a froth treatment process plant. Bitumen is currently sold in two principal forms: either as bitumen blend or as synthetic crude oil. Bitumen blend is generally priced like conventional heavy oil whereas synthetic crude oil, depending on the level of upgrading it has undergone, is similar to and generally priced like conventional medium to light oil.

One such company up for serious consideration would be UTS Energy Corporation (TSX: UTS) which is focused on delivering shareholder value from the sustainable development of its oil sands assets, principally the Fort Hills Project. It located in the Athabasca oil sands region approximately 90 kilometres north of Fort McMurray, Alberta, and the Project is one of the last major undeveloped oil sands mining resources. It is an advanced project with regulatory approval for the production of up to 190,000 barrels per day of bitumen.

Now, if your interest lies in metals, then Uranium One Inc. (TSX: UUU) is a company engaged in the exploration and development of uranium resource properties in South Africa, Kazakhstan, Australia, Canada and the United States. The Corporation's principal assets are the Akdala Uranium Mine in Kazakhstan, which is currently in operation and the Dominion Reefs Uranium Mine in South Africa, which has commenced processing of ore from underground. Uranium One is also developing the South Inkai and Kharasan Uranium Projects in Kazakhstan, as well as the Honeymoon Uranium Project in South Australia. The Corporation is engaged in uranium exploration activities in the Athabasca Basin of Saskatchewan, the United States, South Africa, Australia and in the Kyrgyz Republic. Shareholders in Uranium One are also exposed to the gold sector through the Corporation's majority-owned investment in Aflease Gold Limited. Aflease Gold is a separately listed company on the JSE Limited (Johannesburg stock exchange) that is advancing its Modder East Gold Project towards production in 2009.

And lastly, one other oil company that you may want focus on would be Forest Gate Resources Inc. (TSX-V: FGT), together with its Celtic Sea partners, reports that the appraisal well 50/11-3 on its Hook Head field shows a significant oil accumulation and a high quality reservoir. Success in Hook Head field has broad economic upside potential for the consortium. A successful flow of oil from Hook Head would justify the economic development of five additional reservoirs jointly owned by the consortium in the Celtic Sea basin. For example, Dunmore at only 20km away from Hook Head and Helvick only 40km away, both have flowing oil discoveries.

At the end of June 30, 2007, there were 434 oil & gas companies with a total market capitalization of $544.9 billion listed on Toronto Stock Exchange and TSX Venture Exchange. Oil & gas companies continue to raise equity on our exchanges with $5.56 billion raised in the first half of 2007, and $10.5 billion raised in 2006. Over 10 billion oil & gas shares, valued at $169.2 billion, traded on Toronto Stock Exchange and TSX Venture Exchange in the first half of 2007.

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Maybach Financial (Maybach) is not a registered broker dealer or a registered investment advisor. No information accessed through the Maybach Web site or this release constitutes a recommendation to buy, sell or hold any security in any jurisdiction. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. There is no financial relationship that exists between the issuer of this release and the company whose stock is mentioned in the release. Please view the disclaimer at http://www.maybachfinancial.com/terms.php

Statements made in this release may include forward-looking statements and projections, made in reliance on the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Maybach has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. However, a variety of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release. Maybach makes these statements and projections in good faith, neither Maybach nor its management can guarantee that the transactions will be consummated or that anticipated future results will be achieved. All material herein was based upon information believed to be reliable. The information contained herein is not guaranteed by Maybach to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. Maybach assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by Maybach, whether as a result of new information, future events, or otherwise.

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