Brien Lundin, in the July, 2016, edition of the Gold Newsletter, refreshes his buy of Energy Fuels Inc., recently $2.91. Mr. Lundin said buy in October, 2015, at $3.70 and in April, 2016, at $2.88. Assuming a $1,000 investment for each of the two buys, the $2,000 position is now worth $1,795. Energy Fuels recently closed its acquisition of Mestena Uranium, the owner of the Alta Mesa project in southern Texas. Alta Mesa is currently on standby because of low uranium prices, but Energy Fuels reckons that the project is capable of ramping up to commercial levels within six months of a production decision. The company expects to release an initial resource estimate on the project within weeks. Mr. Lundin, who holds a bullish view on the uranium market over the long term, urges investors who share this view to build or add to their position in Energy Fuels. The stock's recent removal from the Russell 3000 Index has provided a buying opportunity.