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micham2012

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micham2012

Re: micham2012 post# 7610

Friday, 08/25/2006 11:23:21 AM

Friday, August 25, 2006 11:23:21 AM

Post# of 33753
re Uranium:

Stock in Uranium Participation Corporation is up about 15% in the past month, and now trades at a 35% premium to the net asset value (UxC spot price derived) of the metal held. The May 2007 warrants are up 30% in the same period. Both the stock and the warrants are closing in on 52-week highs:

http://www.uraniumparticipation.com/

It seems to me that this reflects widespread market sentiment that the spot price for uranium is heading significantly higher, and it is possible that uranium stocks as a group may be ready for the next leg up.

Steve

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