Replies to post #6793 on Value Microcaps Free-For-All

[micham2012]

Uranium and CCJ:

Regarding CCJ, so much for "clear sailing" to $50/share.

It is worth noting that, while CCJ got beat up during the sell-off in mineral stocks, it has just about returned to pre-sell-off levels. More generally, as Len's index shows, the uranium juniors corrected by about 9% on average, and have yet to rebound. FWIW, I think they are about to do so. An interesting article from BMO Nesbitt Burns discussing a few of them, and touting SXR.TO and UUU.V, is linked below:

http://research.bmonb.com/documents/306F9E3D-EEAC-4A6D-9990-7030C739DAC9.PDF

Uranium is the one metal that did not pull back at all during the past month -- it has its own fundamentals and does not move in sympathy with gold, silver, copper, zinc, etc.

Steve