Hercules deserves all the focus today. It is important to track Kodiak's Athabasca and Otish claims as they could one day become the "Next Big Uranium Discovery". Article below reflects what type of opportunity is knocking at the door with it's claims in the world class Athabasca basin (and even amongst the world, Athabasca is the class of the filed) and in Otish/Matoush area where from a global exploration perspective (this is before HAT.v drill results earlier this year) "The most interesting results so far have come from a grassroots project; the Cameco/Strateco joint venture at Matoush, Quebec."

Profiting From the Next Big Uranium Discovery

The investment world is still waiting for a big find in this exploration cycle. And discoveries will be key to the uranium story going forward. Here’s why: the considerable gains made to date in uranium stocks have been largely triggered by the appreciation of U3O8 as a commodity.

But riding the commodity price of uranium won’t be the easy ticket to success for juniors it was in the recent past. With the uranium spot price doubling in 2006, investors crowded into the party, indiscriminately pouring money into exploration stocks, creating a rising tide that lifted all boats. In the first half of 2007, the uranium spot price has doubled yet again, yet uranium stocks have languished, with many stocks trading at levels last seen when uranium was half its current price.

Will continued increases in uranium price (a sure thing despite the recent $2.00 step back) ensure investors stay interested in the uranium sector? Probably. Will it generate another buying spree in uranium stocks? Maybe not.

The question then is, is there still big money to be made in the uranium stocks? In a word, yes.

The uranium stock bull market to date has been unusual in that it has been driven solely by the price of the underlying commodity, with no major new discoveries to date. In almost all previous resource bulls, the junior explorers have been propelled by the announcement of a major find.

Pyramid Mines’ lead-zinc discovery in 1965 sent the entire Vancouver Stock Exchange into a buying frenzy. Likewise, DiaMet’s diamond discovery in 1991 sent its stock from pennies to $60, and sparked a follow-on mania as investors rushed into any and all companies with diamond properties in northern Canada. In Labrador, the Diamond Fields Voisey’s Bay nickel discovery in 1993 sparked one of the largest and most profitable resource share bull markets to date.

And here’s the good news: a major discovery in uranium is now all but inevitable, due to the unprecedented amount of money that has been spent in uranium exploration programs over the past few years. And when the long-awaited discovery does come, accompanied as it will be by stories of shareholders striking it rich overnight, it promises to kick start another bull run for the sector as a whole. And especially for anyone fortunate enough to have invested in a company with holdings near the discovery.

For that reason, our

Casey Energy Speculator has focused on identifying the uranium companies that have the land, management expertise and the cash needed to give them a real shot at the next big find. That will be the single best way to earning life-changing returns.

There are 59 junior uranium companies in the Athabasca Basin. The top 5 Casey Research uranium stocks are drilling 73,000 metres, the other 54 juniors are drilling a combined 64,645 metres. So, 8% of the junior uranium explorers working in the area will account for 53% of the drilling. (Sharing the names of the five Athabasca Bain explorers identified in the Casey Energy Speculator would be unfair to current subscribers. However, if you

subscribe today, you’ll also receive our updated special report "The Top 5 Uranium Juniors in the Athabasca Basin.")

It is these companies who are serious about making a discovery, not simply riding the uranium wave. While nothing is guaranteed, it’s clear who has the best chance of claiming the Athabasca’s next monster deposit.

In 2006, the rising tide of interest in uranium lifted pretty much all junior uranium stocks, including those we follow in the

Casey Energy Speculator. In 2007, our stocks have taken their lumps along with the rest of the sector, although some of our picks continue to charge forward (including one that is up 74% year-to-date, and over 350% since our original recommendation). We are not concerned, because we are invested in companies we are comfortable holding for their exploration – as opposed to promotional – promise.

With many of the best uranium juniors selling at bargain prices, investors with strong contrarian instincts now have a brief window of opportunity to get in before the true frenzy begins – so long as they choose the right juniors in the right district. Choosing the right district is the easy half of the equation. For all the reasons outlined above, it’s clearly the Athabasca Basin.