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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: smh who wrote (3557)10/29/2006 5:09:04 AM
From: siempre33  Read Replies (1) of 30216
 
I believe this to be true...

Buzz on other boards is that Dines predicted problems at Cigar Lake months ago, despite denials by CCJ executives,
and told his paid subsribers to bail awhile back.

Also, speculation that the problem is even WORSE than reported. Mine might never reopen.

CCJ has also been rumored to be buying yellowcake at spot to meet delivery obligations due to operational problems at other mines.

CCJ currently at a PE of 31 or so.

Could get ugly with the share price...
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