Replies to post #57 on Volatile Stock and Option Trading Board

[Edge83]

CCJ options play setup

CAMECO CORP // CCJ on NYSE // CCO.TO on TSX $4.2 bil market cap (Dec 2016)

Has some options out there but liquidity isn't great (but probably the best you can find in the uranium sector though, URA seems much worse)

Produce 18% of worldwide uranium production. 410 million lbs of proven and probable reserves as well as extensive mineral resources. Also hold many undeveloped uranium projects in the world. Also a major supplier of uranium processing services require to produce fuel. Mines in Canada, US, and Kazakhstan.

World’s largest uranium mine (underground) is McArthur River, 234 mil lbs proven and probable resources @ 10.94% U3O8. Produce 12.6 mil lbs in 2016. Cameco holds 69.8% share of McArthur.

Cigar lake 110 mil lbs p/p @ 16.7% (50% owner of this mine, producing 8 mil lbs in 2016)

Long term downtrend - possible breakout, options set-up: buy 3-6 month calls on confirmation of chart breakout. Maybe buy at break of $11 on heavy volume?

[SamLBInj]

I bought GDX $20.50 calls for this week at .08 and sold them at the close Yesterday for $1.28 thats like buying a stock for $8.00 and selling for $128.00
and 10 options at .08 cents is $80.00 which i turned into $1,280.00 in One Day.

Trades will be Posted here before i buy. Just keep checking board.

[BottomBounce]

$TRQ Copper and Gold Holding strong