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Gold/Mining/Energy : Uranium Stocks
URNM 56.73-4.9%Dec 12 4:00 PM EST

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To: Uranium2007 who wrote (11118)5/14/2007 11:45:00 AM
From: jimsioi  Read Replies (1) of 30216
 
Keep the faith Uranium2007...FRG down 4%

Charts of uraniums not looking to well on my screen...in the short term...o
Early in the proceeding, sold a few shares of AXU (down five days in a row and off 10% from its high) & UMN today, feeling this would be a weak day. I suspect it will continue to be so and for the week.. But we'll see; I certainly would like to be surprised on the upside, however I think we are beginning the summer blahs in resource stocks...and better prices for buyers await...

It wouldn't surprise me to see a multi-month consolidation, lower in this sector...Valuations on the current and near producers seem rich and as for the explorers, it's a crap shoot...
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