SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13D
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                                 (Rule 13d-101)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
            TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
                                  RULE 13d-2(a)



                              URANIUM ENERGY CORP.
                                (Name of Issuer)

                        Common Stock -- par value $0.001
                         (Title of Class of Securities)

                                   0001334933
                                 (CUSIP Number)

                              Diane D. Dalmy, Esq.
                              8965 W. Cornell Place
                            Lakewood, Colorado 80227
                                  303.985.9324
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)

                                December 5, 2005
             (Date of Event Which Requires Filing of This Statement)

     If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].

     Note. Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d- 7(b) for
other parties to whom copies are to be sent.

                         (Continued on following pages)

                               (Page 1 of 5 Pages)

__________________
     1 The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

     The information required on the remainder of this cover page shall be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).





                                  SCHEDULE 13D


______________________                                     _____________________

CUSIP No.   0001334933                                     Page 2  of 5    Pages
______________________                                     _____________________

________________________________________________________________________________

1       NAME OF REPORTING PERSON:
        S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

        Golden West Investments
________________________________________________________________________________

2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) [ ]
                                                                  (b) [ ]
________________________________________________________________________________

3       SEC USE ONLY

________________________________________________________________________________

4       SOURCE OF FUNDS                     

        Subscription Agreements
________________________________________________________________________________

5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
        TO ITEMS 2(d) or 2(e)                                         [ ]
________________________________________________________________________________

6       CITIZENSHIP OR PLACE OF ORGANIZATION

        Belize
________________________________________________________________________________
                            7      SOLE VOTING POWER
                                   3,750,000 Shares of Common Stock
        NUMBER OF           ____________________________________________________
          SHARES            8      SHARED VOTING POWER
       BENEFICIALLY                0
         OWNED BY
           EACH             ____________________________________________________
     REPORTING PERSON       9      SOLE DISPOSITIVE POWER
           WITH                    3,750,000 Shares of Common Stock
                            ____________________________________________________
                            10     SHARED DISPOSITIVE POWER
                                   0
________________________________________________________________________________

11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

        3,750,000 Shares of Common Stock
________________________________________________________________________________

12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
        SHARES                                                        [ ]
________________________________________________________________________________

13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

        30.902%
________________________________________________________________________________

14      TYPE OF REPORTING PERSON

        CO
________________________________________________________________________________

     This original Schedule 13D statement (the "Schedule") is filed on behalf of
Golden West Investments,  a corporation  organized under the laws of the British
West Indies ("Golden West"),  and Barry Demsey, on behalf of Cockburn  Directors
Ltd.,  the sole director of Golden West  ("Dempsey"), as the  reporting  persons
hereunder,  relative  to the  acquisition  by Golden  West of certain  shares of
common  stock  issued  by  Uranium  Energy  Corp.  Golden  West has not made any
previous filings on Schedule 13D relating to this acquisition or issuer.





ITEM 1. SECURITY AND ISSUER.

     This  Schedule  relates to the voting common  stock,  $0.001 par value,  of
Uranium Energy Corp., a Nevada corporation  ("Uranium  Energy").  Uranium Energy
maintains its principal  executive offices at Austin Centre,  701 Brazos,  Suite
500 PMB#, Austin, Texas 78701.

ITEM 2. IDENTITY AND BACKGROUND

     This Schedule is being filed by Golden West, a corporation  organized under
the laws of the  British  West  Indies,  and  Dempsey,  on  behalf  of  Cockburn
Directors Ltd., the sole director of Golden West. The business address of Golden
West and Demsey is P.O. Box 97,  Leeward  Highway  Provenciales,  Turks & Caicos
Island, British West Indies.

     Pursuant to General  Instruction C of Schedule 13D,  Golden West and Demsey
(the "Instruction C Persons") and the information specified in items (a) through
(f) of Item 2 with respect to such Instruction C Persons, are as follows:

________________________________________________________________________________

        Name                    Position with              Business Address
                                Uranium Energy
________________________________________________________________________________

 Golden West Investments        Shareholder                P.O. Box 97       
       and                                                 Leeward Highway
 Barry Dempsey                                             Provenciales Turks
                                                           & Caicos Islands,
                                                           BWI
________________________________________________________________________________

     Demsey,  on  behalf  of  Golden  West has the sole  right  to  control  the
disposition of and vote the Uranium Energy securities acquired.

     During the last five (5) years,  no Instruction C Person has been convicted
in a criminal proceeding  (excluding traffic violations or similar misdemeanors)
nor has been a party to a civil proceeding of a judicial or administrative  body
of competent jurisdiction or become subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating  activities  subject
to,  federal or state  securities  laws or finding any violation with respect to
such laws.

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

     At the  execution  of a  subscription  agreement  dated  December  5, 2004,
between  Uranium  Energy  and Golden  West (the  "Subscription  Agreement"),  an
aggregate of 3,750,000 shares of restricted  common stock of Uranium Energy were
issued to Golden West.  The  consideration  for the securities of Uranium Energy
was the payment of cash.

ITEM 4. PURPOSE OF TRANSACTION

     The transaction described herein was undertaken for the purpose of engaging
in a private placement of the shares of common stock of Uranium Energy.





     Uranium Energy  subsequently  filed a registration  statement on Form SB-2,
which was  declared  effective by the  Securities  and  Exchange  Commission  on
December 5, 2005.

     Pursuant  to the  instructions  for items (a) through (j) of Item 4, Golden
West and Demsey have plans as follows:

     (a)  As set forth in Item 3 of this  Schedule,  Golden West has acquired an
          Aggregate of 3,750,000  shares of  restricted  common stock of Uranium
          Energy.  Golden West and Dempsey,  through Cockburn Directors Ltd. and
          on behalf of Golden West,  may consider the  acquisition of additional
          securities  of  Uranium  Energy  in the  future  but does not have any
          current plans to do so.

     (b)  Neither  Golden West nor Demsey have any present plans or proposals to
          cause a merger or effect a liquidation  or  reorganization  of Uranium
          Energy or to enter into extraordinary corporate transactions.

     (c)  Neither  Golden West nor Demsey have any present plans or proposals to
          cause a sale or  transfer  of a  material  amount of assets of Uranium
          Energy.

     (d)  Neither  Golden West nor Demsey have any present plans or proposals to
          cause a change in the present board of directors or in the  management
          of Uranium  Energy,  including  any plans or  proposals  to change the
          number or terms of directors or to fill any existing  vacancies on the
          board.

     (e)  Neither  Golden West nor Demsey have any present plans or proposals to
          cause a material change in the capitalization of Uranium Energy.

     (f)  Neither  Golden West nor Demsey have any present plans or proposals to
          make any other material change to the business or corporate  structure
          of Uranium Energy.

     (g)  Neither  Golden West nor Demsey have any present plans or proposals to
          change Uranium Energy's charter,  bylaws or instruments  corresponding
          thereto or to take  other  actions  that  impede  the  acquisition  of
          control of Uranium Energy by any person.

     (h)  Neither  Golden West nor Demsey have any present plans or proposals to
          cause Uranium  Energy's  common stock from not being quoted on the OTC
          Bulletin Board.

     (i)  Neither  Golden West nor Demsey have any  present  plans or  proposals
          relating to a class of securities of Uranium Energy becoming  eligible
          for  termination of registration  pursuant to Section  12(g)(4) of the
          Securities Exchange Act of 1934.

     (j)  Neither  Golden West nor Demsey have any present plans or proposals to
          take any action similar to any of those  enumerated in (a) through (i)
          above.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

     (a)  As of  the  close  of  business  on  December  5,  2005,  Golden  West
          beneficially  owned 3,750,000 shares (or  approximately  30.90% of the
          outstanding shares) of Uranium Energy's common stock.

     (b)  Neither  Golden  West nor  Demsey  own any other  common or  preferred
          shares of Uranium Energy as of the date of this Schedule.  Golden West
          Investments  has the sole power to vote or to direct the voting of the
          3,750,000 common shares of Uranium Energy.





     (c)  As of December 5, 2005, and within the sixty day period prior thereto,
          to the best knowledge and belief of the  undersigned,  no transactions
          involving  Uranium  Energy  equity  securities  had been engaged in by
          Golden West or Dempsey.

     (d)  To the best knowledge and belief of the  undersigned,  no person other
          than Dempsey,  through Cockburn Directors Ltd. and on behalf of Golden
          West,  has the right to receive or the power to direct the  receipt of
          dividends from, or the proceeds from the sale of, such securities.

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
        SECURITIES OF THE ISSUER

     No contracts, arrangements,  understandings or relationships between Golden
West exist with respect to securities of the issuer.

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS

     None.

SIGNATURES

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.


                                      GOLDEN WEST INVESTMENTS

                                      By: Cockburn Directors Ltd.

Date: December 6, 2005                /s/  BARRY DEMPSEY
                                      ________________________
                                           Barry Dempsey


Date: December 6, 2005                /s/  BARRY DEMPSEY
                                      ________________________
                                           Barry Dempsey