bbtocs re uranium:
Hard to discuss specific stocks on this board, as most do not have earnings. I U C is not a bad idea; last I heard, it is merging with D E N, and the two together should do well going forward. I am already up to my eyeballs in uranium stocks, but if I was putting more money to work in the sector, I would be thinking hard about S T M. It seems to me that, to the extent any uranium stock can be said to be "undervalued," this one may be it. Bob has owned this one for some time, and might have some thoughts on it.
The only pure uranium play that I am sure has earnings is CCJ, although D E N may be close. Frankly, even with these problems at Cigar Lake, CCJ looks like a good value to me at current prices.
And you can own the mineral by buying stock in Uranium Participation Corporation, U.TO. It has May '07 and September '08 warrants, a leveraged way to bet on the metal.
Steve
