I may as well have called this post, “another frickin’ uranium teaser” — it’s getting a little ridiculous right now.

I think we can probably count all the investment newsletters that aren’t trying to jump on the uranium bandwagon on one hand.

But hey, there’s no denying that uranium is in a bull market (though how long it might last, or where we are in the bull, are certainly open questions) … so let’s look at another one.

This one, along with a suggestion as to its solution, was forwarded by an anonymous reader. He got it from Elliott Gue, who runs a newsletter called Energy Strategist.

And right now … for a limited time, of course … he’s “convinced his publisher” to offer a sale on the subscription, so you can get it for just a hair under $600 a year.

And what are his bona fides? He says he recommended Cameco a while back … and if you needed a newsletter to advise you that Cameco was a good stock to own if uranium prices were likely to climb, perhaps he would have been a good person to pay. Apparently, his newsletter cost $1700 a year before this price break, though, food for thought. The point being, Cameco is not exactly a hidden gem or a secret discovery like many of the newsletter advisors claim.

Anyway, so what’s the hot stock (or the one he gives clues about, at least) that this dude wants you to buy right now?

He only gives one real clue, but it’s a doozy:

“I recently found another small uranium mining company for my subscribers–Cameco bought a 20% stake in it. The best is yet to come as we get set to ride this mega-winner all the way in 2007!”

So what is it? Well, according to my reader … and I’ve checked the facts, so I’m pretty sure he’s right, this company is …

Unor, Inc. (UNOFF.PK, UNI.V if you trade with our friends in the frozen North.)

Don’t know a lot about this little guy, it’s a fifty cent company. They have an exploration program in Nunavut, and a joint venture with Cameco, and recently closed a secondary offering that gave Cameco that 20% (well, 19.5% … I guess it’s OK to round).

They actually have a more complicated history with Cameco, too, since it sounds like many of Unor’s properties are optioned from Cameco … so that may be worth looking in to. They might even end up finding some diamonds (literally) in the rough as part of their Canadian exploration, so that could be exciting — but there are a lot of Canadian diamond miners these days, many of whom I’m sure have more promising kimberlites under the bit than Unor if that’s what you want. If you want to go back a bit, they changed their name last year from Hornby Bay Exploration, so you may see some stuff under that name.

To tell you the truth, I’m so overwhelmed with the number of these uranium companies that I have no idea which ones have any downside protection if the market for the metal tails off — I’ll keep poking around in the other teasers for uranium companies, too, but I’ve got to say I find it hard to believe that all of these juniors are going to grow up and make money … too many of them seem, on the surface, to be just scooping up the rights to old mining areas from the last uranium bull market 50 years ago and hoping that they’ll make money just by getting in “early.” Someone will probably get rich on this, but I’m guessing it won’t be me — if there’s more uranium wisdom among the great collective intelligence of Stock Gumshoe readers, and I’m sure there is, please share!