Lantau International Seize Nuclear Buying Opportunity

Online, April 11, 2011 (Newswire.com) - "Lantau International", the Asia-based investment brokerage, has issued a mid-month alert on several uranium mining stocks suggesting that the stock market's reaction to the disaster at Japan's Fukushima nuclear power plant has resulted in what it believes is "a classic case of the baby being thrown out with the bathwater."

"We are not for a moment suggesting that the disaster won't impact upon the world's drive towards greater dependency on nuclear energy," said a "Lantau International" source, "but it's more likely to be a pause on development of some 60 nuclear reactors that are being constructed worldwide rather than a wholesale return to fossil-fuels and the obvious environmental consequences of doing so."

The alert advised clients to acquire stocks in three uranium miners that it believed to were oversold in a kneejerk market reaction to news that authorities in China had suspended approvals for new nuclear installations while they conduct a safety audit of existing plants

"We saw losses in two stocks of more than 30% despite the fact they're sitting on huge uranium deposits that China will need to access if it is to realize its power generation targets by 2020," said the "Lantau International" source.

The firm reiterated its view that nuclear energy represented the cleanest, most reliable source of base-load power available to the world and that, with the tighter safety and design standards that will inevitably arise in the aftermath of Fukushima, it was a sector that warranted serious consideration.