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Message: Re: sqi, eght - Chris - uranium

Jun 30, 2011 10:31AM

I think uranium has finally bottomed and it's safe to go back in the water. However, I don't know how strong the move back up is going to be. I think the moose pasture stocks will stay on the floor for a long time, but the producers like Cameco & Denison could start moving - there's definitely a hint of this. I already own Cameco from options assignments, and I own U.to as a parking space for cash, plus a few moose pastures I couldn't unload, so I'm not adding to the sector for now.

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