SOURCE: Stock Market Alerts

November 02, 2006 09:20 ET

Primetime Stocks to Watch! November 2, 2006

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.

MIAMI, FL--(Marketwire - November 2, 2006) - Stock Market Alerts' performance stock list includes: Urex Energy Corporation (OTCBB: URXE), Companhia Vale do Rio Doce S.A. (NYSE: RIO), Caterpillar Inc. (NYSE: CAT), GE (NYSE: GE).

If you have taken Urex Energy Corporation (OTCBB: URXE) off of your radar screen, put it back on now, and watch it like a hawk! Events have taken place which has caused the stock of uranium producers to bounce and uranium prices to set record highs.

On Tuesday, Resource Investor reported that the price of uranium jumped this week by the highest amount in at least 20 years, amidst concerns that the world's largest uranium producer will have difficulties meeting its supply commitments. The supply problem is largely blamed on the growing demand for uranium and the flood at Cameco's Cigar Lake Mine, believed to be the biggest undeveloped high-grade uranium deposit in the world.

Stock Market Alerts is maintaining its coverage on Urex Energy Corporation. The supply/demand balance for uranium is tighter than any other major commodity and inventories are running low. A lot of supply hope was riding on Cameco's Cigar Lake project, which it now appears will have its shipments delayed until 2008.

About 16% of the world's electricity came from 440 nuclear reactors last year, according to the World Nuclear Association. Currently, there are 28 reactors under construction around the world and another 62 being planned. Japan alone intends to add 11 more by the year 2010 and China hopes to add 24 to 30 by 2020. Production from world uranium mines now supplies only 60% of the requirements of power utilities, according data by the Uranium Information Centre. The rest comes largely from government stockpiles which are running low. With a global building boom for nuclear power plants underway, demand for uranium is only going to rise.

Yesterday after the stock markets closed, Urex Energy Corporation issued a press release announcing that Dr. Amer Smailbegovic has agreed to join Urex as manager of its new Central Asia-Europe Initiative. Dr. Smailbegovic's highly impressive background (see the company's press release for details) will help him take charge of Urex's new initiative in Central Europe-Asia which is designed to screen for opportunities related to nuclear minerals. Dr. Smailbegovic is also fluent in four languages with a significant contact network and specialized knowledge of the region's mining laws and geology.

Before the news was released, Urex Energy stock closed Wednesday at around Ninety Four cents a share.

A profile of Urex Energy Corporation can be found at:

This is a stock for speculative investors to watch! Urex owns a 99.8% interest in the Rio Chubut property comprised of 170,000 hectares of land which is adjacent to the Cerro Solo Uranium deposit located in Chubut Province within Patagonia of southern Argentina. The Cerro Solo exploration block is approximately 20 km x 50 km, and borders the Cerro Solo Uranium deposit to both the North and the South.

Urex also owns a 100% interest in the La Jara Mesa Extension uranium property consisting of 137 unpatented mining claims in the Grants Mining District, Cibola County, New Mexico. The La Jara Mesa Extension property lies adjacent to Laramide Resources Ltd.'s La Jara Mesa and Melrich uranium deposits. Between 1950 and 1978 the Grants Mining District produced 270 million pound of uranium oxide which ranks it as the most prolific uranium district in the United States.

Other Stocks of interest yesterday were:

Companhia Vale do Rio Doce S.A. (NYSE: RIO) up 2.3% on 11.7 million shares traded. Companhia Vale do Rio Doce S.A. is a steel and iron company.

Caterpillar Inc. (NYSE: CAT) down 0.3% on 9.1 million shares traded. Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent.

GE (NYSE: GE) down 0.6% on 24.2 million shares traded. GE is a diversified technology, media and financial services company focused on solving some of the world's toughest problems.

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The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Urex Energy Corporation (OTCBB: URXE). The compensation is twenty eight thousand dollars (fourteen thousand dollars for previous advertising and fourteen thousand dollars for current services) from third party, Equity Alliance International LLC., who may hold a significant position in the stock. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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