Cameco is a global uranium powerhouse capped at $8 BILLION. UEQ...

Cameco is a global uranium powerhouse capped at $8 BILLION.

UEQ has a joint venture with Cameco over 175km2 Exploration Licences which adjoin the Kintyre Uranium Deposit in the East Pilbara.

The Kintyre deposit, owned by Cameco and Mitsubishi, contains 55 million pounds at 0.58% uranium.

UEQ's Nabarlek Project in NT contains the historic and highly profitable Nabarlek Mine and the surrounding exploration licences, again held in joint venture with Cameco.

UEQ has other JV's with Cameco including more in and around the Alligator Rivers uranium province.

In June 2014 UEQ purchased Arnhem Minerals, holder of 7 Exploration Licence Applications covering 2,096 km2 in West Arnhem Land.

This acquisition consolidated UEQ's already dominant position in a world class uranium region, now totalling 5050 km2.

Its the only uranium stock I hold, figured I should hold one with the price moving up again just in case its not another dead cat bounce.

$5 million cap and freshly funded, largely by management at 1c