URRE - Sector: Basic Materials --- Industry: Industrial Metals

[setravis]

"URRE.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.                                
All history on a stock pick in 1 thread is awesome.                              
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.          
Thank You....and good luck with all your trades....make some $$$         

[setravis]

Press Release Source: Uranium Resources, Inc.


Uranium Resources, Inc. Provides Update on New Mexico Assets
Friday February 23, 8:15 am ET


LEWISVILLE, Texas--(BUSINESS WIRE)--Uranium Resources, Inc. (OTCBB: URRE - News)
Roca Honda historic estimate of mineralized uranium material increased to 15.3 million pounds U3O8 from 5.0 million.
Pre-feasibility study for conventional mining & milling being completed
Uranium Resources, Inc. (OTCBB: URRE - News; "URI") announced today that it has increased its historic internal estimate of mineralized uranium material for sections 13, 15, and 17 at the Roca Honda Project (Township 13N, Range 8W) from 5 to 15 million pounds U3O8 as a result of the previously announced re-evaluation of the Company's extensive New Mexico database. URI also owns the mineral rights to several other sections at Roca Honda, but does not own the data on these properties. Further evaluation of those sections could lead to additional increases.

The Company's historic estimates are based on 629 drill holes logs and were calculated by Kerr-McGee using the circle tangent method. The current estimate totals 15.34 million pounds of U3O8 contained in 3.9 million tons of ore with an average grade of 0.198%. A significant quantity of the mineralization is high grade primary ore. Mineralization occurs as uranium-humate cemented sandstones in elongated deposit formations that range in width from 50 to 200 feet wide, are from 200 to over 1000 feet in length, and range from 1 to 20 feet thick.

URI acquired the Roca Honda deposit along with surface agreements from the Santa Fe Railroad Company in 1998. The Company does not believe these properties are Indian lands. Roca Honda is adjacent to the Mount Taylor Mine owned by Rio Grande Resources, a subsidiary of General Atomics.

Because of the ores shapes, locations and depth, and the significant faults and fractures in the area, the Roca Honda deposit is better suited to conventional mining than in-situ recovery methods. There is a pre-existing 14-foot shaft on Section 17 that was sunk by Kerr-McGee in 1979-80 to a depth of 1,474 feet. Due to declining uranium prices at the time, the shaft was never opened to the ore and is now plugged at the surface.

URI expects to complete by mid-March an internal pre-feasibility study to evaluate the cost of conventionally mining and milling the uranium at Roca Honda, as well as the Company's West Largo and Nose Rock uranium deposits. As part of this process the Company's historic estimates of mineralized uranium materials at both West Largo and Nose Rock are being reviewed. The study will evaluate all three properties as conventional underground mining targets and rank them based on our estimates of projected cost. In addition to the Roca Honda shaft referenced above, the Nose Rock property has an 18 foot production shaft and a 14 foot ventilation shaft completed to a depth of 3,300 feet. It is assumed mined ore will be milled at a large regional mill that will service several area producers.

Dave Clark, President and Chief Operating Officer of URI, commented, "The significant increase in the size of the Roca Honda deposit now gives the company a sufficient base on which to begin development of its New Mexico conventional mining and milling properties. We are now working on a course of action to aggressively develop these assets."

In addition, URI expects to complete its review of the Company's extensive geologic and mining database by the end of June. This database includes more than 16,000 drill logs, calculations of mineralized uranium material and mine development plans that were developed by Phillips Petroleum, Westinghouse, Kerr-McGee, Homestake Mining, Mobil Oil and United Nuclear.

Mr. Clark added, "The ongoing review of our database to locate and quantify uranium deposits on our 183,000 acre land position has already led to the significant increase in mineralized material at Roca Honda. We expect additional increases to be made in Company owned holdings in coming months. We are particularly interested in identifying smaller ore deposits on checkerboard land throughout the Ambrosia Lake district that URI obtained as part of the Santa Fe Railroad Company land acquisition. We have already identified several smaller deposits of up to several million pounds each that may have been too small to develop as underground mines, but now appear amenable to lower cost ISR mining. Put together, these deposits could lead to the development of a major new ISR project in the Ambrosia Lake District."

ABOUT URANIUM RESOURCES, INC.

Uranium Resources Inc. explores for, develops and mines uranium. Since it's incorporation in 1977, URI has produced over 7 million pounds of uranium by in-situ recovery (ISR) methods in the state of Texas where the Company currently has ISR mining projects. URI also has 183,000 acres of uranium mineral holdings in New Mexico that includes the proposed ISR project at Churchrock. The Company acquired these properties over the past 20 years along with an extensive information database. URI's strategy is to capitalize on the strong global market for uranium by fully exploiting its resource base in Texas and New Mexico, acquiring new assets and through joint ventures or partnerships.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "could," and other similar words. All statements addressing operating performance, events, or developments that the Company expects or anticipates will occur in the future, including but not limited to statements relating to the Company's reserves and mineralized uranium materials, timing of receipt of mining permits, production capacity of mining operations planned for properties in South Texas and New Mexico, planned dates for commencement of production at such properties, revenue, cash generation and profits are forward-looking statements. Because they are forward-looking, they should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties include, but are not limited to, the spot price of uranium, weather conditions, operating conditions at the Company's mining projects, government regulation of the mining industry and the nuclear power industry, the world-wide supply and demand of uranium, availability of capital, timely receipt of mining and other permits fro regulatory agents and other factors which are more fully described in the Company's documents filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should any of the Company's underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on the Company's forward-looking statements. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.

Contact:
Investor:
Kei Advisors LLC
Deborah K. Pawlowski/James M. Culligan
Phone: 716-843-3908/716-843-3874
Email: [email protected] or
[email protected]
or
Uranium Resources, Inc.
David N. Clark, 361-883-3990
President and COO

--------------------------------------------------------------------------------
Source: Uranium Resources, Inc.

[setravis]

Back above the 50 and 200-day MA.......

52wk Range: 2.16 - 7.92
Volume: 1,082,069
Avg Vol (3m): 138,434

Technicals
Record Price High
Gap Up

Last Price Quote is:
15.07%above 13-day MA 

Fundamentals
Earnings Expected on Feb 23 

[setravis]

Press Release Source: Uranium Resources, Inc.


Uranium Resources Announces Fourth Quarter and Year-End 2006 Earnings Conference Call and Webcast
Monday March 5, 2:30 pm ET


LEWISVILLE, Texas--(BUSINESS WIRE)--Uranium Resources, Inc. (OTCBB: URRE - News; "URI"), a uranium exploration and mining company with resources in Texas and New Mexico, announced today that it will hold a teleconference to discuss its fourth quarter and year-end 2006 financial results on March 19, 2007.
The company-hosted teleconference will be held at 10:00 a.m. ET. During the teleconference, Dave Clark, President and Chief Operating Officer, will review the financial and operating results for the year and will provide an update on URI's operations, its corporate strategy and outlook. A question-and-answer session will follow.

The URI conference call can be accessed the following ways:

The live webcast can be found at http://www.uraniumresources.com. Participants should go to the website 10 - 15 minutes prior to the scheduled conference in order to register and download any necessary audio software.
The teleconference can be accessed by dialing (973) 935-2048 approximately 10 minutes prior to the call.
To listen to the archived call:

The archived webcast will be at http://www.uraniumresources.com. A transcript will also be posted once available.
A replay can also be heard by calling (973) 341-3080 and entering the pin number 8521160.
The telephonic replay will be available from 1:00 p.m. ET the day of the teleconference until 11:59 p.m. March 26, 2007.

ABOUT URANIUM RESOURCES, INC.

Uranium Resources Inc. explores for, develops and mines uranium. Since its incorporation in 1977, URI has produced over 7 million pounds of uranium by in-situ recovery (ISR) methods in the state of Texas where the Company currently has ISR mining projects. URI also has 183,000 acres of uranium mineral holdings in New Mexico that includes the proposed ISR project at Church Rock. The Company acquired these properties over the past 20 years along with an extensive information database. URI's strategy is to capitalize on the strong global market for uranium by fully exploiting its resource base in Texas and New Mexico, acquiring new assets and through joint ventures or partnerships.

Contact:
Kei Advisors LLC
Investor Contact:
Deborah K. Pawlowski, 716-843-3908
[email protected]
or
James M. Culligan, 716-843-3874
[email protected]
or
Uranium Resources, Inc.
David N. Clark, 361-883-3990
President and COO

--------------------------------------------------------------------------------
Source: Uranium Resources, Inc.



52wk Range: 2.16 - 7.92
Volume: 1,322,545
Avg Vol (3m): 138,434

Technicals
Gap Up
Percentage Gainer

Last Price Quote is:
9.40%above 13-day MA

Fundamentals
Earnings Expected on Mar 5

[setravis]

Don't you just love a good run...
Symmetrical Triangle (continuation).......Breakout !!

Support @ $6.09
Resistance @ $6.88

52wk Range: 2.16 - 7.92
Volume: 1,773,716.......Outstanding !
Avg Vol (3m): 138,434

Technicals
Record Price High
Percentage Gainer

Last Price Quote is:
33.06%above 13-day MA


Symmetrical Triangle (Continuation) Pattern

The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape. You could also think of it as a contracting wedge, wide at the beginning and narrowing over time.

While there are instances when symmetrical triangles mark important trend reversals, they more often mark a continuation of the current trend. Regardless of the nature of the pattern, continuation or reversal, the direction of the next major move can only be determined after a valid breakout.

Edwards and Magee suggest that roughly 75% of symmetrical triangles are continuation patterns and the rest mark reversals. The reversal patterns can be especially difficult to analyze and often have false breakouts. Even so, we should not anticipate the direction of the breakout, but rather wait for it to happen. Further analysis should be applied to the breakout by looking for gaps, accelerated price movements, and volume for confirmation. Confirmation is especially important for upside breakouts.

Prices sometimes return to the breakout point of apex on a reaction move before resuming in the direction of the breakout. This return can offer a second chance to participate with a better reward to risk ratio. Potential reward price targets found by measurement and parallel trend line extension are only meant to act as rough guidelines. Technical analysis is dynamic and ongoing assessment is required. In the first example above, SUNW may have fulfilled its target (42) in a few months, but the stock gave no sign of slowing down and advanced above 100 in the following months.

[setravis]

Press Release Source: Uranium Resources, Inc.


Uranium Resources, Inc. Reports Fourth Quarter and Year End 2006 Results
Monday March 19, 8:30 am ET 
-- 2006 Revenue Increased to $8.6 Million from $4.9 Million on Higher Prices and Increased Sales
-- Company Adopts Strategic Plan with Goal of 10 Million Pounds Per Year Production by 2014


DALLAS--(BUSINESS WIRE)--Uranium Resources, Inc. (OTCBB: URRE - News; "URI"), a uranium exploration, development and mining company, announced today its financial results for the fourth quarter and the year ended December 31, 2006.
ADVERTISEMENT


Fourth Quarter Review

Revenue for the fourth quarter of 2006 grew almost 350% to $2.9 million from $835,000 in the 2005 fourth quarter. Higher revenue was driven by improved prices and approximately 11,000 pounds in higher sales of uranium versus the same quarter a year ago. URI sold 63,000 pounds of uranium at an average price of $46.02 per pound U3O8 in the fourth quarter of 2006 compared with 52,000 pounds U3O8 at an average price of $16.06 per pound in 2005. Net loss for the fourth quarter of 2006 was $2.5 million, or $0.05 per diluted share, compared with net loss of $20.6 million, or $0.50 per diluted share, in the same period last year. The fourth quarter 2005 loss included an $18.9 million non-cash loss on derivatives.

URI produced 72,000 pounds U3O8 during the fourth quarter of 2006 up slightly from the 70,000 pounds in the same quarter of 2005. Production costs for the quarter were $46.07 per pound compared with $34.21 per pound in the fourth quarter of 2005. The higher production costs were primarily due to higher capital and operating costs compared with the prior year and as well as a change in the estimated recovery factor for the Vasquez project from 70% to 50%.

URI's fourth quarter 2006 production consisted of 48,000 pounds U3O8 from its Vasquez project and 24,000 pounds from its Kingsville Dome project.

2006 Review

During 2006, URI produced 259,000 pounds U3O8 down from the 310,000 pounds produced in 2005. In 2006, the Vasquez project produced 165,000 pounds, while 94,000 pounds came from the Company's Kingsville Dome project, which commenced production in the second quarter of 2006. Production in 2005 was 310,000 pounds, all of which was produced from the Vasquez project.

URI sold 263,000 pounds in 2006 compared with sales of 271,000 pounds in 2005. For the year, URI had revenue of $8.6 million ($32.63 per pound) compared with $4.9 million ($17.95 per pound) last year. The increase in revenue per pound in 2006 resulted from new contracts entered into with the Company's two customers in March 2006. Revenue in 2005 included $253,000 from the renegotiation of the contract price for sales that were made in 2004.

Annual production costs for 2006 and 2005 were $47.46 and $20.19 per pound, respectively. Our average cost of sales for pounds sold was $43.36 per pound for 2006 compared to $20.32 per pound for 2005. The cost of pounds sold includes operating expenses, depreciation, and depletion and for 2006 includes a cumulative $1.6 million related to lower of cost or market inventory adjustments. The cost of goods sold for 2006 excludes $761,000 ($17.74 per pound) from a lower of cost or market adjustment made in December 2005 for 42,900 pounds in inventory at that date that were sold in the first quarter of 2006.

For the twelve months ended December 31, 2006 and 2005, we had net earnings of $21.5 million and a net loss of $35.1 million, respectively. On a diluted per share basis, earnings (loss) were $0.42 and $(0.96) for 2006 and 2005, respectively. Included in 2006 results was a non-cash gain on derivatives of $34.8 million somewhat offset by a non-cash impairment provision for the Vasquez project of $3.3 million. The loss in 2005 included a non-cash loss on derivatives of $31.0 million.

Liquidity

From April to December 2006, URI's cash burn rate averaged approximately $1.8 million per month. Cash balance at December 31, 2006 was $20.2 million. The Company anticipates that its operating and capital requirements for 2007 will be met through existing cash and cash generated from operations.

2007 Production and Project Update

Total production from Kingsville Dome and Vasquez in January and February was 33,400 and 29,200 pounds U3O8, respectively. March production through the 15th of the month was 20,700 pounds U3O8. Production for the first quarter of 2007 is estimated to be in the range of 98,000 to 108,000 pounds U3O8. For the quarter, Kingsville production is estimated to be in the range of 60,000 to 65,000 pounds U3O8, while Vasquez is expected to produce between 38,000 and 43,000 pounds.

Production from Wellfield 13 at Kingsville Dome, which was brought online at the end of January, has been meeting company expectations and should produce between 44,000 to 49,000 pounds U3O8 for the quarter. Wellfield 14 is scheduled to come online in April, while Wellfield 15 should startup early in the third quarter. Vasquez is currently producing at a rate around 350 pounds per day.

URI produced a detailed feasibility study for the development of its Church Rock ISR project as part of a joint venture it entered into in December 2006 with Itochu, a global Fortune 100 company. As part of the joint venture, Itochu has the opportunity to review the study to determine its interest in proceeding with the development project. Itochu has indicated that it will need more time beyond the April 2, 2007 preliminary investment decision date in order to more fully evaluate the opportunity. Following the preliminary investment decision, Itochu will make a final investment decision at a later date.

Future Strategy

The Company has recently adopted a strategic plan with the goal of URI becoming a 10 million pound producer of uranium by 2014 using both in-situ recovery ("ISR") and conventional mining and milling methods. As part of its strategy, the Company intends to build its uranium base to between 200 and 300 million pounds through exploration of its own properties and by acquisition.

Dave Clark, President of Uranium Resources said, "In developing these goals, we recognized the tremendous potential for URI to become a leading uranium exploration, development and mining company. At the forefront of our effort is the evaluation of the Company's extensive database, a process that is expected to continue to yield positive results beyond the recently announced increases in the quantity of mineralized material at both the Roca Honda and West Largo projects."

In Texas, the Company intends to maximize production from its existing properties at Kingsville Dome and Rosita. The Company will add additional properties to feed these operations, with the ultimate goal being to achieve 1 to 2 million pounds of production annually within the next several years. To accomplish this objective, the Company plans to complete its drill out program by the end of the second quarter of 2007, mine all identified uranium expeditiously, and acquire or lease new properties as necessary.

In New Mexico, the Company is working to obtain the final permit for the joint venture Church Rock ISR project while also looking to develop its conventional assets beginning with Roca Honda. The ongoing evaluation of the Company's extensive database should be completed by the end of June, while an internal pre-feasibility study on conventional mining and milling of Company properties should be finished by the end of March.

Mr. Clark concluded, "I believe 2006 was a pivotal year for URI. We renegotiated our supply contracts on far more favorable terms, raised $50 million in equity which will allows us to move forward with our strategic plans for Texas and New Mexico, and we commenced a pre-feasibility study on conventional mining of our New Mexico uranium assets. It is now time for us to execute on our strategic plan to make URI a leading uranium producer."

Teleconference and Webcast

The Company is hosting a teleconference and webcast at 10:00 a.m. EDT. Monday, March 19, 2007. During the teleconference, David Clark, President and Chief Operating Officer, will review the financial and operating results for the fourth quarter and year and discuss URI's corporate strategy and outlook. A question-and-answer session will follow. The URI conference call can be accessed by calling (973) 935-2048 approximately 20 minutes prior to the call. Alternatively, it can be listened to at the Company's website at http://www.uraniumresources.com. Participants should go to the website 10 - 15 minutes prior to the scheduled conference in order to register and download any necessary audio software.

An archive of the teleconference can also be heard by calling (973) 341-3080 and entering passcode 8521160. The telephonic replay will be available from 1:00 p.m. EDT the day of the teleconference until 11:59 p.m. Monday, April 2, 2007. The archived webcast will be at http://www.uraniumresources.com. A transcript will also be posted once available.

ABOUT URANIUM RESOURCES, INC.

Uranium Resources Inc. explores for, develops and mines uranium. Since it's incorporation in 1977, URI has produced over 7 million pounds of uranium by in-situ recovery (ISR) methods in the state of Texas where the Company currently has ISR mining projects. URI also has 183,000 acres of uranium mineral holdings in New Mexico that includes the proposed ISR project at Church Rock. The Company acquired these properties over the past 20 years along with an extensive information database. URI's strategy is to capitalize on the strong global market for uranium by fully exploiting its resource base in Texas and New Mexico, acquiring new assets and through joint ventures or partnerships.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "could," and other similar words. All statements addressing operating performance, events, or developments that the Company expects or anticipates will occur in the future, including but not limited to statements relating to the Company's mineralized uranium materials, timing of receipt of mining permits, production capacity of mining operations planned for properties in South Texas and New Mexico, planned dates for commencement of production at such properties, revenue, cash generation and profits are forward-looking statements. Because they are forward-looking, they should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties include, but are not limited to, the spot price of uranium, weather conditions, operating conditions at the Company's mining projects, government regulation of the mining industry and the nuclear power industry, the world-wide supply and demand of uranium, availability of capital, timely receipt of mining and other permits from regulatory agents and other factors which are more fully described in the Company's documents filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should any of the Company's underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on the Company's forward-looking statements. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.



Contact:
Investor:
Kei Advisors LLC
Deborah K. Pawlowski, 716-843-3908
[email protected]
or
James M. Culligan, 716-843-3874
[email protected]
or
Uranium Resources, Inc.
David N. Clark, 361-883-3990
President and COO
or
Media:
Kristin Jensen, 505-888-5877 / 505-363-1496
[email protected]

--------------------------------------------------------------------------------
Source: Uranium Resources, Inc.

[setravis]

Uranium Resources, Inc. Increases New Mexico Assets
West Largo historic estimate of mineralized uranium material increased to 17.2 million pounds U3O8 from 11.0 million
The West Largo project consists of 3,800 acres of land comprising sections 17, 19, 20, 21, 28, and 29 of T15N, R10W in McKinley County, New Mexico. URI holds the mineral rights in fee or as unpatented mining claims.


52wk Range: 2.16 - 7.92
Volume: 679,729
Avg Vol (3m): 138,434

Technicals
Record Price High

Last Price Quote is:
17.84%above 13-day MA
51.22%above 50-day MA

[setravis]

• Uranium Resources, Inc. Receives Approval to List on NASDAQ Global Market
Business Wire (Wed 8:45am) 

Shares to begin trading on April 12, 2007...

DALLAS--(BUSINESS WIRE)--Uranium Resources, Inc. (OTCBB: URRE - News; "URI"), a uranium exploration development and mining company, announced today that it has received approval from the NASDAQ Stock Market Global Market to list its common stock on the Global Market under its same symbol, URRE. The Company expects trading of its common shares on NASDAQ to commence on Thursday, April 12, 2007. The trading of the Company's shares on the Over-the-Counter Bulletin Board will cease on the close of business Wednesday, April 11, 2007.
 
"We believe that our NASDAQ Global Market listing will greatly benefit our current and future shareholders by increasing URI's visibility, improving liquidity, and enhancing access to the investment community. This is an important milestone in our development as a Company as we strive to grow our business and create value for our shareholders," noted Paul K. Willmott, Chairman and CEO of URI.

About Uranium Resources, Inc.

Uranium Resources Inc. explores for, develops and mines uranium. Since it's incorporation in 1977, URI has produced over 7 million pounds of uranium by in-situ recovery (ISR) methods in the state of Texas, where the Company currently has ISR mining projects. URI also has 183,000 acres of uranium mineral holdings in New Mexico that includes the proposed ISR project at Church Rock. The Company acquired these properties over the past 20 years along with an extensive information database. URI's strategy is to capitalize on the strong global market for uranium by fully exploiting its resource base in Texas and New Mexico, acquiring new assets and through joint ventures or partnerships.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "could," and other similar words. All statements addressing operating performance, events, or developments that the Company expects or anticipates will occur in the future, including but not limited to statements relating to the Company's growth prospects and trading liquidity are forward-looking statements. Because they are forward-looking, they should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties include, but are not limited to, the spot price of uranium, weather conditions, operating conditions at the Company's mining projects, government regulation of the mining industry and the nuclear power industry, the world-wide supply and demand of uranium, availability of capital, timely receipt of mining and other permits fro regulatory agents and other factors which are more fully described in the Company's documents filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should any of the Company's underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on the Company's forward-looking statements. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.

Contact:
Uranium Resources, Inc.
Thomas H. Ehrlich, Chief Financial Officer
972-219-3330
or
Investors:
Kei Advisors LLC
Deborah K. Pawlowski/James M. Culligan
716-843-3908/716-843-3874
[email protected]/[email protected]
or
Media:
Kristin Jensen
505-888-5877 / 505-363-1496
[email protected]

--------------------------------------------------------------------------------
Source: Uranium Resources, Inc.


Technicals
Record Price High.........
MACDis Bullish
Stochastic is Bullish

Last Price Quote is:
14.19%above 13-day MA
42.37%above 50-day MA

Support @ $9.25...8.89...8.29
Resistance @ $11.30

[REALDEALS21]

Another ALL TIME HIGH TODAY ! 

[setravis]

Why have I been preoccupied with this stock?                                                                 
Because it has Been working on getting listed on the Nasdaq. Well, the listing has finally happened, and as of today, Uranium Resources is legit !
As I see it, two things could happen, The stock will either bow to profit-taking.
or be strong due to all the money looking for a home in uranium stocks.......
URRE has been stairstepping higher,RSI running in that new higher range,
Increasing Volume supports the move.


52wk Range: 2.16 - 7.92
Volume: 993,449
Avg Vol (3m): 138,434

Technicals
Last Price Quote is:
10.15%above 13-day MA
38.47%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $518.49 
P/E Ratio: 19.00 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

[setravis]

Uranium Resources, Inc. Announces Revenue Up Over 300% in First Quarter 2007
Thursday May 10, 5:58 pm ET 
-- Revenue increased 328% to $4.6 million on higher prices and increased sales
-- Production nearly doubles to 109,000 pounds U(3)O(
-- New Mexico property value increases with royalty interest estimated in excess of $75 million


LEWISVILLE, Texas--(BUSINESS WIRE)--Uranium Resources, Inc. (NASDAQ: URRE - News; "URI"), a uranium exploration, development and mining company, announced today its financial results for the first quarter of 2007.


Revenue for the first quarter of 2007 increased 328% to $4.6 million from $1.1 million in the 2006 first quarter. During the quarter, URI sold 79,700 pounds of uranium at an average price of $57.41 per pound U3O8 compared with 65,600 pounds U3O8 at an average price of $16.29 per pound in the first quarter of 2006. Net loss for the first quarter of 2007 was $1.4 million, or $0.03 per diluted share, compared with a net income of $32.2 million, or $0.73 per diluted share, for the same period in 2006. Exclusive of the effects of a $34.3 million non-cash gain on derivatives in the first quarter of 2006, the $1.4 million loss, or $0.03 per diluted share, in the first quarter of 2007 compares with a loss of $2.1 million, or $0.05 per diluted share, in 2006.

The average cost of pounds sold in the first quarter of 2007 was $41.09 compared with $32.62 in 2006. Of the 79,700 pounds sold in the first quarter of 2007, 39,000 pounds were higher cost 2006 year-end inventory, which was at a cost of $41.11. The balance was from the older PAA1 and PAA2 wellfields at Kingsville Dome. Partially reflecting the lower costs of the new PAA3 wellfield at Kingsville Dome, the finished uranium inventory of 68,400 pounds as of March 31, 2007 was held at an average cost of $30.49 per pound.

URI produced 109,000 pounds U3O8 during the first three months of 2007, a 96.8 % increase from the 55,400 pounds produced in the first quarter of 2006. Not included in the quarter's production was U3O8 extracted but not yet processed and dried in the quarter which increased in-process inventory. Production costs for the quarter were $34.44 per pound compared with $38.55 per pound in the same quarter of 2006. Production for the first quarter of 2007 was comprised of 44,100 pounds from Vasquez and 64,900 pounds from Kingsville. The Kingsville Dome production included 16,300 pounds of high cost production from the old PAA1 and PAA2 wellfields, and 48,600 pounds from PAA3, which commenced production in late February. Production in 2006 was all attributable to the Vasquez project.

URI's cash burn rate for the first quarter of 2007 averaged approximately $1.2 million per month. The cash balance at March 31, 2007 was $16.6 million. Given URI's current market-related sales prices and projected production costs in the range of $25 to $30 per pound, the Company expects to realize margins after royalties in the range of $40 per pound in coming months. As a result, the Company now has the ability to build cash moving forward.

Texas Operations Update

During the first quarter, the Company began the process of completing the updating and retrofitting of its Rosita plant and has invested $1.1 million in the project. Following completion of the retrofitting, including the installation of a new dryer, Rosita production is expected to begin by the end of the year.

The on-going drillout program to date has delineated just over 1 million pounds of in-place reserves at Kingsville Dome and 600,000 pounds U3O8 at Rosita. Additional reserves can be expected as the drillout program continues. Current and expected reserves should be sufficient to produce at least 400,000 to 500,000 pounds per year through 2009.

In addition, URI has begun to acquire prime exploration targets in South Texas. Thus far the Company has picked up 5,500 acres on two exploration properties, including the mineral rights on land close to the Rosita project. Higher production levels over the next three years and beyond will depend on the success of our ongoing exploration program.

During the first quarter of 2007, the Company began to experience operational problems with its yellowcake dryer. As a result of the lower operating efficiency, production for April, the first month of the second quarter, was 41,800 pounds U3O8 dried product, which did not include an in-process inventory of 28,400 pounds waiting to be further processed and dried. A replacement dryer is scheduled to begin operation at the end of May. Once started, the new dryer should allow the in-process inventory to be eluted and dried within the first month of operation.

Wellfield 14 is scheduled to be turned on following the completion of the new dryer installation. Wellfield 15 is scheduled to come on line late in the third quarter.

Dave Clark, President of Uranium Resources, said, "We continue to meet our goals in Texas to increase production while lowering costs. Our efforts have put us in a strong financial position where we can now concentrate on how to invest the cash we can now generate. We have already begun to invest in our future by aggressively acquiring new exploration targets in Texas."

New Mexico Value Increases with Royalty

As part of the land acquisition from the Santa Fe Railroad Company in 1997, the Company acquired certain royalty interests previously held by Santa Fe. Included in this acquisition was a royalty interest on a partial section of the Mount Taylor project owned by Rio Grande Resources, a division of General Atomics.

During URI's ongoing evaluation of its extensive database, the Company reviewed a report prepared by an independent geologic consultant in March 1979 that indicated an increase in the property's uranium resources. URI owns a 16.5 percent royalty to be applied to the value of mined ore, which is determined using a formula that is based on the average ore grade and market price. Based on the information in the independent geologic report, a market price of $120 per pound and a projected ore grade of 0.45% U3O8, the Company projects the royalty could have a value to the Company in excess of $75 million.

During the quarter, the Company continued to increase its staff in New Mexico to aid in the evaluation of its extensive database. Its immediate focus is centered on finding mineable reserves in the Ambrosia Lake district.

URI and Itochu have agreed to extend the decision date for the preliminary investment decision for the Churchrock joint venture from May 2 until August 1. The extension is mutually beneficial to both companies.

Mr. Clark concluded, "In New Mexico, the mining of our database continues to provide many positive surprises, like the Santa Fe royalty. I have no doubt we will add significantly to our reserves as we continue this evaluation. We also continue to work with our partner Itochu, who has proven to be valuable in helping us advance our interests in New Mexico. We believe we are well on the way to reach our goal to produce 10 million pounds per year by 2014 while increasing our reserve base up to 200 million to 300 million pounds U(3)O(."

Teleconference and Webcast

The Company is hosting a teleconference and webcast at 10:00 a.m. EDT, Friday, May 11, 2007. During the teleconference, David Clark, President and Chief Operating Officer, will review the financial and operating results for the first quarter 2007 and discuss URI's corporate strategy and outlook. A question-and-answer session will follow. The URI conference call can be accessed by calling (973) 582-2854 approximately 20 minutes prior to the call. Alternatively, it can be listened to at the Company's website at http://www.uraniumresources.com. Participants should go to the website 10 - 15 minutes prior to the scheduled conference in order to register and download any necessary audio software.

An archive of the teleconference can also be heard by calling (973) 341-3080 and entering passcode 8774005. The telephonic replay will be available from 1:00 p.m. EDT the day of the teleconference until 11:59 p.m. Friday, June 8, 2007. The archived webcast will be at http://www.uraniumresources.com. A transcript of the call will also be posted, once available.

ABOUT URANIUM RESOURCES, INC.

Uranium Resources Inc. explores for, develops and mines uranium. Since it's incorporation in 1977, URI has produced over 7 million pounds of uranium by in-situ recovery (ISR) methods in the state of Texas where the Company currently has ISR mining projects. URI also has 183,000 acres of uranium mineral holdings and 91.7 million pounds of non-reserve mineralized material in New Mexico that includes the proposed ISR project at Church Rock. The Company acquired these properties over the past 20 years along with an extensive information database. URI's strategy is to capitalize on the strong global market for uranium by fully exploiting its resource base in Texas and New Mexico, acquiring new assets and through joint ventures or partnerships.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "could," and other similar words. All statements addressing operating performance, events, or developments that the Company expects or anticipates will occur in the future, including but not limited to statements relating to the Company's mineralized uranium materials, timing of receipt of mining permits, production capacity of mining operations planned for properties in South Texas and New Mexico, planned dates for commencement of production at such properties, potential for production by others in order to receive royalties, revenue, cash generation and profits are forward-looking statements. Because they are forward-looking, they should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties include, but are not limited to, the spot price of uranium, weather conditions, operating conditions at the Company's mining projects, government regulation of the mining industry and the nuclear power industry, the world-wide supply and demand of uranium, availability of capital, timely receipt of mining and other permits from regulatory agents and other factors which are more fully described in the Company's documents filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should any of the Company's underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on the Company's forward-looking statements. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.

[setravis]

Uranium Resources 1Q Revenue Quadruples.......

To be continued...


52wk Range: 1.80 - 7.92
Volume: 859,312
Avg Vol (3m): 462,779

Technicals
Percentage Gainer

Last Price Quote is:
8.42%above 13-day MA
11.27%above 50-day MA
RS Rating: 92 

Fundamentals
Key Data:
Market Cap (M): $483.95 
P/E Ratio: 18.36 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

[setravis]

Why have I been preoccupied with this stock?                                                                 
Because it has Been working on getting listed on the Nasdaq. Well, the listing has finally happened, and as of today, Uranium Resources is legit !
As I see it, two things could happen, The stock will either bow to profit-taking.
or be strong due to all the money looking for a home in uranium stocks.......
URRE has been stairstepping higher,RSI running in that new higher range,
Increasing Volume supports the move.

Uranium Resources 1Q Revenue Quadruples.......

To be continued...

Have I got anyone's attention here 
Another new high.......

Technicals
Record Price High
Percentage Gainer

Last Price Quote is:
24.64%above 13-day MA
30.08%above 50-day MA
RS Rating: 96 

Fundamentals
Key Data:
Market Cap (M): $525.07 
P/E Ratio: 18.36 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

[setravis]

Uranium Resources, Inc. Joins Russell 3000 Index
Membership in the Russell 3000, which remains in place for one year, also means automatic inclusion in the small-cap Russell 2000®. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.

Paul Willmott, Chairman and CEO of Uranium Resources, Inc., commented, "Our success in growing our reserve base in New Mexico, improving production and productivity in Texas and listing on the NASDAQ have all helped to grow our market value enabling us to achieve this listing and the enhanced visibility that it brings."


Technicals
Last Price Quote is:
2.51%above 13-day MA
10.93%above 50-day MA
RS Rating: 91 

Fundamentals
Key Data:
Market Cap (M): $579.20 
P/E Ratio: 18.36 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

Chart looks good...Bouncing off the 50-day MA
closed above the 13-day MA

[setravis]

Press Release Source: Uranium Resources, Inc.


Uranium Resources Appoints Marvin Kaiser to Board of Directors
Thursday July 12, 10:46 am ET 
Director Lee Erdahl to Serve as Corporate Financial Advisor


LEWISVILLE, Texas--(BUSINESS WIRE)--Uranium Resources, Inc. (NASDAQ: URRE - News; "URI"), a uranium exploration, development and mining company, announced today that its Board of Directors has appointed Marvin K. Kaiser to the Board as an independent Director and to serve in that capacity until the next election of Directors in 2008.


Mr. Kaiser retired from The Doe Run Company, a privately held natural resources company and the largest integrated lead producer in the Western Hemisphere, where he served as Executive Vice President and Chief Administrative Officer. Prior to his thirteen years with Doe Run, Mr. Kaiser held the positions of Chief Financial Officer for Amax Gold, Olympic Mining Corporation and Ranchers Exploration at various times over a 24-year period. He is a Certified Public Accountant and brings to the Board of Directors vast experience in all aspects of corporate finance and management.

Concurrently with this appointment to the Board, current director Leland O. ("Lee") Erdahl has agreed to serve as a financial advisor to the Chairman of the Board of Directors. As a result of his augmented role for the Company, Mr. Erdahl, loses his independent status and, therefore, will no longer be eligible to continue as Chairman of the Audit Committee. Mr. Kaiser will replace Mr. Erdahl as Chairman of the Audit Committee of the Board of Directors.

Paul Willmott, Chairman and Chief Executive Officer of Uranium Resources, commented, "Lee's financial background and extensive industry experience will be a tremendous asset to the Company as we pursue our growth strategies. He has been a director since 1994 and has been a strong contributor to the company's current success."

He added, "We are also pleased to add at the same time Marv's breadth of experience in finance and management in the natural resource industry to the Board of Directors. As we evaluate opportunities for growth, I believe his knowledge will prove valuable to our strategic direction and an excellent complement to our Board membership. We are rapidly growing and the industry is beginning to consolidate, so our changes today are intended to enable us to best capitalize on the industry dynamics"

About Uranium Resources, Inc.

Uranium Resources Inc. explores for, develops and mines uranium. Since its incorporation in 1977, URI has produced over 7 million pounds of uranium by in-situ recovery (ISR) methods in the state of Texas where the Company currently has ISR mining projects. URI also has 183,000 acres of uranium mineral holdings with almost 100 million pounds of uranium in New Mexico. The Company acquired these properties over the past 20 years along with an extensive information database. URI's strategy is to capitalize on the strong global market for uranium by fully exploiting its resource base in Texas and New Mexico, acquiring new assets and through joint ventures or partnerships.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "anticipates," "believes," "could," and other similar words. All statements addressing operating performance, events, or developments that the Company expects or anticipates will occur in the future, including but not limited to statements relating to the Company's growth prospects and trading liquidity are forward-looking statements. Because they are forward-looking, they should be evaluated in light of important risk factors and uncertainties. These risk factors and uncertainties include, but are not limited to, the spot price of uranium, weather conditions, operating conditions at the Company's mining projects, government regulation of the mining industry and the nuclear power industry, the world-wide supply and demand of uranium, availability of capital, timely receipt of mining and other permits from regulatory agents and other factors which are more fully described in the Company's documents filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should any of the Company's underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on the Company's forward-looking statements. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.

Contact:
Investors:
Kei Advisors LLC
Deborah K. Pawlowski / James M. Culligan
716-843-3908 / 716-843-3874
[email protected] / [email protected]
or
Media:
Kristin Jensen
505-888-5877 / 505-363-1496
[email protected]
or
Company:
Uranium Resources, Inc.
Paul Willmott, 972-219-3330
Chairman & CEO

--------------------------------------------------------------------------------
Source: Uranium Resources, Inc.