Anonymous Accumulation Is Happening- But Read This 1st

Fundamental Data - ENERGY FUELS INC.

Security Type Equity Shares Issued 76,482,602

Year High 0.71
Year Low 0.11

Annual Earnings/Share -0.08 CAD

P/E Ratio -4.19

CASEY ENERGY SPECULATOR - Recent Company News

7-24-2009

Comments:

The amalgamation of Magnum and Energy Fuels (T.EFR) is a great deal for both parties, since it combines the development projects of Energy Fuels with the exploration potential of San Rafael held by Magnum Uranium.

The combined entity also should have enough cash to make an enticing takeover target for a larger company. However, in a weak uranium market, we will be placing our bets on companies that have projects further in development and not such high capital expenses to start with.

When the uranium market begins to pick up again, we may re-recommend Energy Fuels as a buy. For now, we are closing our position on Energy Fuels, as it is turning into a development story, and away from our original reasons for investing in Magnum Uranium.

Canadian Arrow Announces Non-Brokered Private Placement

Canadian Arrow Announces Non-Brokered Private Placement

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SUDBURY, ON, Aug. 19 /CNW/ - Canadian Arrow Mines Limited (CRO: TSX-V) (the "Company") is pleased to announce that subject to regulatory acceptance, the Company is arranging a non-brokered private placement consisting of up to 30,000,000 flow-through shares and up to 20,000,000 units of the Company ("Units") at a price of $0.05 flow-through share and $0.05 per Unit for gross proceeds of up to $2,500,000. Each Unit will consist of one common share of the Company and half of one common share purchase warrant (each whole such warrant, a "Warrant"). Each whole Warrant will entitle the holder thereof to acquire one common share of the Company for a period of 18 months at a price of $0.10 per common share.


The proceeds from the private placement will be used to advance exploration on its Kenbridge nickel project, its other regional projects and to provide the Company with additional working capital.


All securities issued in connection with this financing will be subject to a four-month hold period.


The Company may pay a finders' fee of up to 5% of the gross proceeds in connection with a portion of the financing.


It is anticipated that the financing will close on or about August 28, 2009.

This press release may contain "forward-looking statements" within the meaning of the Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this press release and the Company does not intend, and does not assume, any obligation to update these forward-looking statements.