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George Chelekis brought SMR to investors' attention a couple weeks ago in Hot Stocks Review. I had no idea that the supply/demand imbalance in U3O8 had gotten so out of whack. SMR appears to be a cheap, pure play on the coming upward trend in uranium prices. Even though US nuclear reactor constrcution has been dead in the water for 20 years, there are still lots of nuke power plants that need to be fueled. Anyone else taking the plunge? This is a decidedly "retro" investment, but if the past is any guide, we could see some excellent upward volatility in the coming months. |