A heads up for anyone interested.

http://www.uraniumparticipation.com/SiteResources/data/MediaArchive/pdfs/press_releases/june1-12pr.pdf

TORONTO, June 1, 2012 -- Uranium Participation Corporation ("UPC”) reports its estimated net asset value at May 31, 2012 was CDN$739.5 million or CDN$6.95 per share.

The current share price is 5.28 a 25% discount to NAV. They hold physical uranium only.