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Strategies & Market Trends : the times they are a-changin'

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To: marcos who started this subject2/9/2002 8:10:59 PM
From: teevee  Read Replies (1) of 145
 
double dip time with PSM.T..closed at $.28 canajun on Friday..PSM owns the Puffy Lake gold deposit and mill and will roll uranium properties into new company UEX. Cameco will contribute some of their property into UEX as well for 40% of UEX and operate. PSM shareholder will get one share of UEX for each share of PSM which will retain the Puffy Lake gold deposit and mill.

sedar.com

Cameco jumped $2.86 on Friday alone...something BIG about to happen with uranium me thinks. The record date for the UEX free share spin off has not yet been set....looks like uranium and gold heading up at the same time....

Cameco (CCO-T or CCJ-N) is a good pick too but the price per share is now 45 loonies each...wish I owned more than I do.... CCO owns the largest and highest grade uranium deposits in the world and operates the 20 million ounce Kumtor gold deposit in one of the "Stan" countries:-))
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