Media, Inc.

All Penny News: Makena Management Optimistic About Next Phase of Work on the Patterson Uranium Project


Mississauga, ON -- (SBWIRE) -- 02/02/2015 -- Media, Inc. ( announces its latest article titled "Makena Management Optimistic About Next Phase of Work on the Patterson Uranium Project."

Companies mentioned in this article include Uranium Energy Corp. (NYSE MKT:UEC) and Makena Resources Inc. (TSX-Venture:MKN).

Article Excerpt:

Although uranium prices remain 50% below the level they traded at prior to the Fukushima nuclear power plant disaster in Japan nearly four years ago, the outlook is slowly but surely turning positive. Indeed, last year, uranium prices gathered some momentum towards the end of the year before seeing a pullback.

The rally was the result of the restart of a couple of nuclear reactors in Japan. Following the Fukushima disaster, Japan had shut down all of its nuclear reactors. The restart highlighted the Japanese government's commitment to nuclear energy despite the risk it poses. Another factor that contributed positively to the uranium market was increasing investment from China in nuclear power plants. The world's second largest economy has been looking to cut its reliance on coal as it looks to tackle pollution. Nuclear energy will play a major part in securing China's energy needs and the country has been investing heavily in the sector.

To add to these factors on the demand side, miners have also been cutting production. These developments will certainly lead to a fundamentally balanced uranium market although it may take a few years before we reach that point. Recently, Uranium Energy Corp. (NYSEMKT:UEC) issued a letter to its shareholders. In the letter, the company's CEO noted that for the first time in four years, the uranium market is seeing fundamental shifts in the supply/demand picture.

The improving outlook augurs well for Makena Resources Inc. (TSX-Venture:MKN), a Vancouver-based exploration-stage company engaged in the acquisition, exploration, and development of mineral properties in Canada and the U.S.

The full version of this article can be found at:

About is focused on the small-cap / penny stock market and has become a reputable name in the investment community. runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. runs daily technical penny stocks to watch, has a daily market write-up, provides company spotlights, runs unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, NASDAQ and OTC BB, and much more information for the average investor. also runs an email newsletter that aims to uncover stocks that are still under the radar of most investors. Criteria looks for includes strong revenues, a seasoned management, innovative business plans, among many others. also looks for companies that announce breaking news, recent 52-week highs/lows, technical breakouts, and other favorable corporate information.

Investors are encouraged to subscribe to the FREE e-mail newsletter and see what tens of thousands of other investors have already been receiving since 1999. Investors can receive their free newsletter subscription by clicking here:

Contact: Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
Websites: /

Note: has not received compensation for carrying the above-mentioned company; a full disclaimer can be viewed here: