Len re Uranium:
Apparently UxC has confirmed the Trade Tech price: $72/lb. Frankly, I am expecting $100/lb. by 6/30/07.
I also think that U stocks continue to go up this week, as investors come to realize that we are only in the early innings of this story. Those who once thought that they "missed out" on the uranium opportunity may begin to conclude that it is not too late to participate in what should prove to be a terrific bull market for years to come, punctuated from time to time by sharp corrections like we saw earlier this year. Obviously, all just IMHO.
As I have posted here before, I have had a very tough time figuring out which uranium stocks to buy, so I have bought a bunch of them: CCJ, DML.TO, UEX.TO, SXR.TO, STM.TO, SAN.TO, UNI.TO, ALZ.TO (ugh). Some have underperformed the sector, and I have missed out on some of the best. But overall, it has been a great place to be. Would that the rest of my investments this year did half as well.
Steve
